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Muenchener Rueckvrschrng Gslchft AG Mnch

MUVGn.DE

Latest Trade

233.20EUR

Change

1.10(+0.47%)

Volume

371,736

Today's Range

231.90

 - 

233.80

52 Week Range

181.20

 - 

233.80

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

Previous Close
232.10
Open
232.30
Volume
371,736
3M AVG Volume
11.22
Today's High
233.80
Today's Low
231.90
52 Week High
233.80
52 Week Low
181.20
Shares Out (MIL)
143.93
Market Cap (MIL)
33,496.18
Forward P/E
12.44
Dividend (Yield %)
3.71

Next Event

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen at Berenberg and Goldman Sachs German Corporate Conference

Latest Developments

More

Munich Re: Second Tranche Of Share Buyback To Start Sept 5

Fitch Sees Reinsurance Rates Up 1-2% At January 2020 Renewals

Munich Re: Thinking About Raising Reserves For Boeing-Related Damages In Q3

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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

Bernd Pischetsrieder

Independent Chairman of the Supervisory Board

Hans-Juergen Schinzler

Honorary Chairman of the Supervisory Board

Joachim Wenning

Chief Executive Officer, Member of the Management Board

Marco Noerenberg

Independent Vice Chairman of the Supervisory Board,

Christoph Jurecka

Chief Financial Officer, Member of the Management Board

Key Stats

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

2016

48.9K

2017

49.1K

2018

49.1K

2019(E)

50.1K
EPS (EUR)

2016

16.130

2017

2.440

2019(E)

18.658
Price To Earnings (TTM)
14.17
Price To Sales (TTM)
0.56
Price To Book (MRQ)
1.14
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
13.62
LT Debt To Equity (MRQ)
13.62
Return on Investment (TTM)
--
Return on Equity (TTM)
0.85

Latest News

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.

Munich Re's fourth-quarter results, 2018 guidance disappoint

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 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.

Factbox: Australia's great life insurance sell-off

Recent Australian life insurance sales (ranked by deal value)

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.

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

Munich Re's Ergo unit has dropped plans to sell run-off life insurance policies, saying non-binding offers received by the company were too low.

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

FACTBOX-Insurers and reinsurers count the costs of recent hurricanes, quakes

Losses from Hurricane Maria and other recent natural disasters, including hurricanes Irma and Harvey and the Mexico City earthquake, have led global insurers and reinsurers to issue profit warnings.

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

North American hurricanes to cost insurance industry $100 billion: Munich Re

Insured losses from three big hurricanes in North America this year have cost the industry around $100 billion, German reinsurance giant Munich Re <MUVGn.DE> said on Thursday.

Munich Re posts large Q3 loss as natural catastrophes weigh

German reinsurance giant Munich Re <MUVGn.DE> posted a net loss of 1.4 billion euros (1.24 billion pounds) in the third quarter after a spate of major costly natural catastrophes in North America.

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 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.

Munich Re says likely won't cut dividend after profit warning

Munich Re said its profit warning on Thursday did not necessarily mean that it would cut its dividend payment to shareholders.

UPDATE 1-Munich Re warns hurricanes to hit 2017 profits

* Shares drop 1.6 pct in pre-market trade (Adds further details, pre-market shares)

Munich Re expects Q3 loss of 1.4 bln eur after hurricanes

Major reinsurance group Munich Re said it was expecting a third-quarter loss of 1.4 billion euros ($1.7 billion) due to losses incurred from hurricanes Harvey, Irma and Maria.

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

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