52 Week Range
As of on the XETRA ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Munich Re CEO Says Acquisitions In Reinsurances Are "A Bit Unrealistic"
Munich Re Withdraws Profit Guidance For 2020
Munich Re Doesn’t See Overall Material Coronavirus Effect On Annual Result
Muenchener Rueckversicherungs Gesellschaft AG in Muenchen is a Germany-based company engaged in reinsurance and insurance business. The Company divides its operations into five segments: Life and health reinsurance, which includes global life and health reinsurance business; Property-casualty reinsurance, which includes global property-casualty reinsurance business; ERGO Life and Health Germany, which includes German life and health primary insurance business, German property-casualty direct insurance business, and global travel insurance business; ERGO Property-casualty Germany, which includes German property-casualty insurance business, excluding direct business, and ERGO International, which includes ERGO’s primary insurance business outside Germany.
Nikolaus von Bomhard
Independent Chairman of the Supervisory Board
Chairman of the Management Board, Chief Executive Officer
Independent Deputy Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer, Member of the Management Board
Chief Investment Officer, Member of the Management Board
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Munich Re's <MUVGn.DE> Ergo unit is entering China's property and casualty insurance market with a 24.9% stake in Taishan Property & Casualty Insurance Co through a capital increase, the German insurance company said on Monday.
Munich Re <MUVGn.DE> said on Thursday it expected to receive claims for cancelled or postponed events because of the coronavirus crisis in excess of 1 billion euros (872.55 million pounds)this year after it posted a 65% drop in first-quarter profit.
Munich Re on Thursday said profit fell 65% in the first quarter as it faced losses of around 800 million euros ($863.28 million) due to the coronavirus outbreak.
The short- and long-term costs of the coronavirus pandemic are significant but reinsurer Munich Re is economically fit as it deals with it, the company's chief executive said Wednesday.
Munich Re <MUVGn.DE> on Tuesday withdrew its profit guidance for the year, blaming heavy insurance claims triggered by the cancellation of large events which were banned as a way to stop the spread of the coronavirus.
Munich Re on Tuesday withdrew its profit guidance for the year, blaming insurance claims triggered by the coronavirus in the first quarter.
Muenchener Rueckversicherungs Gesellschaft AG in Muenchen:
Munich Re <MUVGn.DE> said on Friday its fourth-quarter profit fell nearly 9% amid major losses from natural catastrophes and other claims, but the German reinsurer expressed confidence of meeting its 2020 profit target.
Munich Re on Friday said profit fell 8.7% in the fourth quarter amid very high major losses from natural catastrophes, but the reinsurer expressed confidence of meeting its 2020 profit target.
Munich Re <MUVGn.DE> is seeing growing demand for weather exposure protection from energy companies and their customers as they roll out more renewable energy installations, which are prone to fluctuations.
Move over revenue growth and dividend payouts: it's time to take your portfolio's temperature.
Munich Re is facing big claims for typhoons and fires in the fourth quarter but has grown more confident about meeting its 2020 profit goal, the reinsurer's chief financial officer said.
* Expects to beat full-year target despite costly storms (Updates with details)
Munich Re on Thursday confirmed that it would beat its full-year profit target in 2019 after a strong third quarter.
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.
German reinsurer Munich Re <MUVGn.DE> on Friday said it expected to beat its full-year profit target in 2019 after a strong third quarter.
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 <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.
Munich Re's <MUVGn.DE> fourth-quarter earnings and 2018 guidance fell short of analyst expectations on Tuesday and underscored a sluggish turnaround in reinsurance prices.
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.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.