Equity hedges protect Munich Re from vol spike

Net derivative liabilities fall 95% year-on-year

Effective equity hedging helped Munich Re weather market volatility in the first quarter and improve its net balance of derivatives on the year.

The insurance giant posted net derivative liabilities of €17 million ($20 million) in March, a 95% reduction from the €345 million reported the same quarter a year ago. Munich Re said the improved balance was the result of a surge in value of its outstanding equity derivatives following the market correction earlier this year, which helped counteract

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here