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Muenchener Rueckvrschrng Gslchft AG Mnch

MUVGn.DE

Latest Trade

256.90EUR

Change

-0.90(-0.35%)

Volume

178,688

Today's Range

256.40

 - 

257.90

52 Week Range

184.50

 - 

259.50

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

Previous Close
257.80
Open
256.80
Volume
178,688
3M AVG Volume
10.14
Today's High
257.90
Today's Low
256.40
52 Week High
259.50
52 Week Low
184.50
Shares Out (MIL)
143.93
Market Cap (MIL)
37,205.14
Forward P/E
13.01
Dividend (Yield %)
3.34

Next Event

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen at Citi European Insurance Conference

Latest Developments

More

Munich Re CFO Says Q4 Could Be Very Damages-Heavy, Still Early To Give Forecast

Munich Re Executive Hoepke Says We Expect Stable Prices In Europe

Munich Re Sees To Beat Its 2019 Target For Consolidated Result

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About Muenchener Rueckvrschrng Gslchft AG Mnch

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen is a Germany-based company engaged in reinsurance and insurance business. The Company divides its operations into reinsurance, primary insurance, and Munich Health and Asset management. The Reinsurance business comprises five divisions: Life; Europe and Latin America; Germany, Asia Pacific and Africa; Special and Financial Risks, and Global Clients and North America. The business covers a range of products from traditional reinsurance products to solutions for risk assumption. The Company's primary insurance activities are combined into the ERGO Insurance Group (ERGO), which offers direct insurance, life, property-casualty, health, legal expenses and travel insurance products. It covers the Company's international health reinsurance business and health primary insurance outside Germany and engages the risk management services. The Asset management business handles the investment activities of Munich Re and ERGO.

Industry

Insurance (Life)

Contact Info

Koeniginstr. 107

+49.89.38910

https://www.munichre.com/

Executive Leadership

Nikolaus von Bomhard

Independent Chairman of the Supervisory Board

Joachim Wenning

Chairman of the Management Board, Chief Executive Officer

Anne Horstmann

Independent Deputy Chairman of the Supervisory Board, Employee Representative

Christoph Jurecka

Chief Financial Officer, Member of the Management Board

Nicholas Gartside

Chief Investment Officer, Member of the Management Board

Key Stats

3.00 mean rating - 28 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

48.9K

2017

49.1K

2018

49.1K

2019(E)

51.2K
EPS (EUR)

2016

16.130

2017

2.440

2019(E)

19.794
Price To Earnings (TTM)
13.46
Price To Sales (TTM)
0.60
Price To Book (MRQ)
1.18
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
12.95
LT Debt To Equity (MRQ)
12.95
Return on Investment (TTM)
--
Return on Equity (TTM)
0.97

Latest News

Latest News

UPDATE 1-Munich Re confirms it will beat 2019 profit forecast after strong Q3

* Expects to beat full-year target despite costly storms (Updates with details)

Munich Re confirms to beat 2019 profit forecast after strong Q3

Munich Re on Thursday confirmed that it would beat its full-year profit target in 2019 after a strong third quarter.

Munich Re's Ergo signs insurance partnership with Great Wall Motor

Ergo, the retail insurance unit of Munich Re, has struck a partnership with Great Wall Motor and will start selling insurances to car owners in China, both companies announced on Monday.

Munich Re expects to beat 2019 profit target after strong Q3

German reinsurer Munich Re on Friday said it expected to beat its full-year profit target in 2019 after a strong third quarter.

Next Insurance raises $250 million from Munich Re

Next Insurance, a provider of digital insurance products to small U.S. businesses, said on Monday it raised $250 million in funding from German reinsurer Munich Re <MUVGn.DE>.

Munich Re plans job cuts at HQ, in U.S.: CEO on intranet

Munich Re <MUVGn.DE> is planning a job cuts at its headquarters and in the United States, according to an interview with the chief executive published on the company's intranet.

UPDATE 2-Munich Re's Q4 results, 2018 guidance disappoint

* Sees 2018 profit of 2.0-2.4 bln euros vs poll 2.6 blnJan renewals up 0.8 pct vs 0.5 pct decline year earlier

Munich Re Q4 net profit gains 8 percent

Munich Re posted a preliminary 8 percent rise in net profit in the fourth quarter but only eked out a small profit for the full year 2017 after a series of natural disasters in North America, the German reinsurer said on Tuesday.

BRIEF-Insurance Australia Group Enters Agreements To Quota Share 12.5 Pct Of Its Business

* IAG IMPROVES CAPITAL EFFICIENCY AND REDUCES EARNINGS VOLATILITY

Munich Re aims to stabilise annual profit at "2 bln euros plus" - CEO

German reinsurer Munich Re aims to stabilise its annual net profit at "2 billion euros plus" for the next few years as low interest rates and price pressure hold back growth, its Chief Executive Joachim Wenning said.

UPDATE 1-Munich Re's Ergo drops plan to sell run-off life policies

* Clearance from watchdog Bafin seen a challenge (Adds details on valuation)

Munich Re's Ergo drops plans to sell run-off life policies

Munich Re's <MUVGn.DE> Ergo unit has dropped plans to sell run-off life insurance policies, saying non-binding offers received by the company were too low, it said late Tuesday.

BRIEF-Munich Re: Ergo ends talks on sale of life portfolios​

* ERGO ENDS DISCUSSIONS CONCERNING SALE OF ITS GERMAN LIFE INSURANCE COMPANIES WITH TRADITIONAL LIFE INSURANCE PORTFOLIOS

Ex-Munich Re CEO to become Deutsche Post chairman-Manager Magazin

Nikolaus von Bomhard, former CEO of Munich Re, will become supervisory board chairman at Deutsche Post, German monthly Manager Magazin reported, citing company sources.

BRIEF-RPT-Munich Re CFO sees worldwide rise in reinsurance rates

* CFO sees worldwide "positive development" in reinsurance rates, which will be reflected in future profit

UPDATE 1-North American hurricanes to cost insurance industry $100 bln -Munich Re

* Munich Re posts large Q3 loss as natural catastrophes weigh

BRIEF-Munich Re sees 2017 reinsurance combined ratio of 112 percent - presentation slides

* Sees 2017 reinsurance combined ratio of around 112 percent versus year-earlier 97 percent, according to presentation slides

Munich Re posts large Q3 loss as natural catastrophes weigh

German reinsurance giant Munich Re posted a net loss of 1.4 billion euros ($1.62 billion) in the third quarter after a spate of major costly natural catastrophes in North America.

Munich Re receives offers for run-off life portfolio

German reinsurer Munich Re's Ergo unit has received non-binding bids for its traditional life insurance business, which have ceased underwriting new contracts, it said on Wednesday.

Munich Re's Ergo starts sale of run-off life portfolios - Handelsblatt

Munich Re's primary insurance arm Ergo is forging ahead with plans to sell the life insurance books of units Ergo Leben and Victoria Leben, Handelsblatt daily reported on Monday, citing two people familiar with the matter.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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