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Muenchener Rueckversicherungs Gesellschaft AG in Muenchen (MUVGn.DE)

MUVGn.DE on Xetra

223.40EUR
22 Jul 2019
Change (% chg)

€-2.40 (-1.06%)
Prev Close
€225.80
Open
€223.50
Day's High
€224.40
Day's Low
€221.80
Volume
503,075
Avg. Vol
568,316
52-wk High
€228.80
52-wk Low
€179.95

Latest Key Developments (Source: Significant Developments)

Munich Re To Buy-Back Shares For Purchase Price Of Up To EUR 1 Bln
Wednesday, 22 May 2019 

May 22 (Reuters) - MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT AG IN MUENCHEN ::BUY-BACK FOR A MAXIMUM TOTAL PURCHASE PRICE OF EUR 1 BILLION SHALL BE CARRIED OUT IN SEVERAL TRANCHES.FIRST TRANCHE WITH MAXIMUM TOTAL PURCHASE PRICE OF UP TO EUR 360,000,000 WILL BE CARRIED OUT IN PERIOD BETWEEN 23 MAY AND 28 AUGUST.  Full Article

Ardian Entered Exclusive Talks With A View To Sell c.50 Pct Stake In Indigo Group
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Muenchener Rueckversicherungs Gesellschaft AG in Muenchen ::ARDIAN- HAS ENTERED EXCLUSIVE TALKS WITH A VIEW TO SELL C.50 PERCENT STAKE IN INDIGO GROUP.ARDIAN- IN TALK WITH FUND MANAGED BY MIROVA, AN AFFILIATE OF NITIXIS INVESTMENT MANAGERS.ARDIAN- FUND MANAGED BY MIROVA WOULD BUY A C.35 PERCENT STAKE IN INDIGO GROUP ALONGSIDE ASSET MANAGER OF MUNICH RE AND ERGO.ARDIAN- CREDIT AGRICOLE WILL RETAIN STAKE IN INDIGO GROUP.  Full Article

Ethiopian Boeing Crash Cost Munich Re 100-120 Mln Eur - CFO
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Munich Re ::CEO ASKED ABOUT SALE OF ERGO SAYS "ERGO IS PART OF THE GROUP. FULLSTOP".CEO SAYS WE DON'T PLAN ANY COST CUTTING PROGRAMME.CEO SAYS WE DON'T FEEL ANY PRESSURE FROM SHAREHOLDERS ON RISING DIVIDEND PAYOUTS.CFO SAYS Q1 IN LINE WITH EXPECTATIONS.CEO SAYS WE CAN IMAGINE MAKE PURCHASES FOR ERGO, INCLUDING OF A SUBSTANTIAL SIZE, IN TARGET MARKETS, BUT PROBABLY ONLY AFTER FURTHER PROGRESS MADE IN RESTRUCTURING.CEO SAYS WE CAN IMAGINE MAKING PURCHASES IN ALL SECTORS, BUT LEAST LIKELY IN REINSURANCE SECTOR.CFO SAYS THE CRASH OF ETHIOPIAN AIRLINE BOEING PLANE COST US AROUND 100-120 MILLION EUR.  Full Article

Munich Intends To Buy Back Shares For Maximum Purchase Price Of 1 Billion Euros
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Muenchener Rueckversicherungs Gesellschaft AG in Muenchen ::DGAP-ADHOC: MUNICH RE RESOLVES SHARE BUY-BACK.IN PERIOD COMMENCING AFTER 2019 ANNUAL GENERAL MEETING AND EXTENDING UP TO 2020 ANNUAL GENERAL MEETING, MUNICH RE INTENDS TO BUY BACK SHARES FOR A MAXIMUM PURCHASE PRICE OF EUR1BN.INSURANCE COMPANY'S BOARD OF MANAGEMENT HAS RESOLVED TO BUY BACK SHARES FOR A MAXIMUM TOTAL PURCHASE PRICE OF EUR1BN (EXCLUDING INCIDENTAL EXPENSES) IN PERIOD BETWEEN 2 MAY 2019 AND, AT LATEST, ANNUAL GENERAL MEETING ON 29 APRIL 2020.ON BASIS OF CURRENT SHARE PRICE (STATUS: 18 MARCH 2019), THIS WOULD AMOUNT TO AROUND 3.1% OF SHARE CAPITAL AND WOULD CORRESPOND TO AROUND 4.6 MILLION SHARES.OWN SHARES ACQUIRED UNDER 2018/2019 SHARE BUY-BACK PROGRAMME IN PERIOD FROM 25 APRIL 2018 TO NO LATER THAN COMPANY'S ANNUAL GENERAL MEETING ON 30 APRIL 2019 ARE TO BE RETIRED.  Full Article

Munich Re: Supervisory Board Appoints Nicholas J. Gartside As CIO
Monday, 7 Jan 2019 

Jan 7 (Reuters) - MUENCHENER RUECKVERSICHERUNGS GESELLSCHAFT AG IN MUENCHEN ::SUPERVISORY BOARD OF MUNICH RE APPOINTED NICHOLAS J. GARTSIDE AS MEMBER OF BOARD OF MANAGEMENT AS CHIEF INVESTMENT OFFICER.HE WILL BE RESPONSIBLE FOR THE WHOLE ASSET MANAGEMENT OF MUNICH RE (GROUP), STARTING ON 18 MARCH 2019.  Full Article

SK Rosgosstrakh Receives 100% Stake In Insurance Company Ergo Life
Monday, 10 Dec 2018 

Dec 10 (Reuters) - SK Rosgosstrakh PAO ::SAYS RECEIVES 100% STAKE IN INSURANCE COMPANY ERGO LIFE.  Full Article

Munich Re Sees Prices At Least Stabilising in Renewals - Board Member
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Munich Re board member Doris Hoepke::SAYS EXPECTS AT LEAST STABILISATION OF PRICES IN TREATY RENEWALS.  Full Article

Insured losses from storm Friederike in Germany seen at around 800 mln euro - MSK
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Hannover Rueck SE ::ACTUARY COMPANY MSK SAYS ESTIMATES INSURED DAMAGE FROM STORM FRIEDERIKE IN GERMANY AT AROUND 800 MILLION EUROS.  Full Article

Losses From Shocks To 300 Cities Estimated To Be 1.48 Pct Of GPD- Risk Index
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Cambridge Global Risk Index::CAMBRIDGE GLOBAL RISK INDEX- WEIGHTED LOSSES FROM 22 TYPES OF SHOCKS TO 300 CITIES ESTIMATED TO BE 1.48% OF ANNUAL GDP.CAMBRIDGE GLOBAL RISK INDEX- GLOBAL RISK INDEX OF 1.51 PERCENT MEANS AN EXPECTED LOSS OF $1.17 TRILLION.  Full Article

RPT-Munich Re CFO sees worldwide rise in reinsurance rates
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Munich Re :CFO sees worldwide "positive development" in reinsurance rates, which will be reflected in future profit.CFO says its "small profit" guidance for 2017 would be a low 3-digit million euro figure if the fourth quarter proceeds normally.  Full Article