Münchener Rück AG

Münchener Rück AG

MUV2 · XETRA · Financial Services / Insurance - Reinsurance

544.8EUR+11.40 (+2.14%)

Price History

Full chart

Market Stats

Previous Close533.4
Open538.4
Day Range538 – 549.4
52-Week Range437.4 – 549.37
Volume382.94K
Market Cap64.22B
P/E (TTM)9.58
Forward P/E10.01
EPS53.29
Dividend Yield4.72%
Beta0.32
50-Day Avg514.05
200-Day Avg514.2

About

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. The company operates through six segments: Life and Health Reinsurance, Property-Casualty Reinsurance, Global Specialty Insurance, ERGO Life and Health Germany, ERGO Property-Casualty Germany, and ERGO International. The company offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, data analytics, underwriting and claims, medical research, capital management, and health market, as well as MIRA digital suite that includes MIRA PoS, MIRApply insured and physician, claims risk assessment, and CLARA plus. It also provides property and casualty reinsurance solutions, including agricultural reinsurance; business advisory, personal lines, portfolio management, insurance consulting, commercial motor consulting; infrastructure risk; property insurance, location risk, insurance linked securities, and NatCatSERVICE for natural catastrophe loss database; prospective structured and retroactive reinsurance; risk transfer; cyber; and data analytics, REALYTIX ZERO, and cert2go. In addition, the company offers solutions for industry clients, such as corporate risk, new tech, green tech, parametric, and aviation and space solutions, as well as risk services. Further, it provides specialty property casualty insurance, such as professional liability, marine, cyber, aviation, and space for commercial and private customers. Additionally, the company offers life, property-casualty, health, legal protection, and travel insurance products under the ERGO brand; and insurance solutions for agriculture, captive, epidemic, cyber, and renewable energy sectors. The company was founded in 1880 and is based in Munich, Germany.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Reinsurance
  • CEODr. Christoph Jurecka
  • Employees44.59K
  • HeadquartersKöniginstrasse 107, Munich, Germany, 80802, Germany
  • Websitehttps://www.munichre.com

Leadership

  • Dr. Christoph JureckaCEO & Chairman of Management Board · b. 1974
  • Dr. Thomas BlunckMember of Management Board · b. 1965
  • Dr. Markus RiessHead of Economics, Sustainability & Public Affairs and Member of Management Board · b. 1966
  • Ms. Mari-Lizette MalherbeMember of Management Board
  • Mr. Nicholas J. Gartside C.F.A.Chief Investment Officer & Member of Management Board · b. 1975
  • Dr. Achim KassowChief Transformation Officer & Member of Management Board · b. 1966
  • Mr. Stefan Heinrich GollingMember of Management Board & Labour Relations Director · b. 1977
  • Ms. Clarisse KopffMember of Management Board
  • Mr. Michael KernerMember of Management Board
  • Mr. Andrew James BuchananCFO & Member of Management Board · b. 1979

Financials

Income Statement

Line item2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue45.96B45.69B51.09B49.88B53.12B61.38B59.58B59.11B55.37B59.85B57.49B56.36B56.37B55.69B55.82B52.07B57.31B58.64B63.86B64.11B70.46B69.11B69.30B
Cost of Revenue--2.66B2.38B2.44B2.69B8.11B8.92B9.31B9.77B9.62B9.21B9.38B9.35B9.22B9.56B39.69B9.97B10.67B-1.05B-6.12B-1.38B-
Gross Profit45.96B45.69B48.43B47.50B50.68B58.69B51.47B50.19B46.05B50.09B47.87B47.14B46.99B46.34B46.60B42.51B57.31B58.64B63.86B40.76B70.46B43.69B69.30B
Operating Income1.32B2.60B3.77B5.17B4.72B2.95B3.83B3.12B160.00M4.08B3.92B3.35B4.10B3.87B650.00M3.46B2.98B1.54B2.41B10.01B3.63B8.71B8.63B
EBITDA2.01B3.37B4.17B5.49B5.08B3.35B4.21B3.42B1.45B4.91B4.68B4.03B4.84B4.58B1.39B4.09B2.98B1.54B2.41B13.16B659.00M9.41B9.36B
Net Income-434.00M1.89B2.75B3.52B3.92B1.58B2.56B2.43B702.00M3.19B3.30B3.15B3.11B2.58B375.00M2.31B2.72B1.21B2.93B3.42B4.66B5.68B6.12B
Interest Expense0426.00M378.00M310.00M333.00M361.00M304.00M293.00M1.29B471.00M416.00M357.00M335.00M309.00M311.00M281.00M363.00M339.00M336.00M286.00M275.00M327.00M369.00M

Balance Sheet

Line item2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets208.90B214.25B218.18B215.87B214.25B215.42B223.41B236.36B247.58B258.36B254.29B272.98B276.52B267.81B265.72B270.17B287.55B297.95B312.40B298.57B273.79B286.51B279.93B
Total Liabilities189.13B194.05B193.52B189.44B188.79B194.16B201.13B213.33B224.27B230.94B228.06B242.68B245.56B236.02B237.52B243.67B256.98B267.95B281.46B277.37B244.02B253.77B246.51B
Total Equity19.28B19.66B24.19B25.95B24.96B20.97B22.05B22.78B23.06B27.18B25.98B30.03B30.67B31.52B28.01B26.37B30.46B29.89B30.83B21.06B29.65B32.64B33.25B
Cash1.88B2.03B2.34B2.17B2.50B2.35B3.08B2.90B2.49B2.86B2.82B2.91B3.96B3.35B3.63B4.99B8.61B9.06B8.78B9.32B8.57B9.27B5.50B
Total Debt2.21B2.24B4.50B3.80B5.22B5.28B5.07B5.14B4.95B6.26B5.13B5.14B5.16B152.78B147.51B143.93B156.63B6.74B6.80B6.59B4.71B6.32B7.43B
Net Debt325.00M215.00M2.17B1.63B2.71B2.93B1.98B2.24B2.46B3.40B2.31B2.23B1.20B1.58B44.00M-331.00M-3.55B-2.31B-1.98B-2.87B-3.86B205.00M1.93B

Cash Flow

Line item2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow3.15B5.31B6.12B6.89B6.63B8.43B8.65B8.84B6.08B5.54B2.19B7.53B4.33B3.13B1.83B3.00B9.49B7.22B5.23B-7.64B2.54B3.14B1.27B
Investing Cash Flow-11.21B-4.22B-2.93B-4.50B-5.36B-5.59B-5.46B-7.70B-3.52B-4.73B292.00M-4.94B-1.03B-1.28B2.33B-95.00M-6.92B-6.13B-3.82B11.35B-329.00M-505.00M-1.46B
Financing Cash Flow7.24B-932.00M-2.90B-2.50B-911.00M-2.98B-2.48B-1.38B-2.97B-466.00M-2.56B-2.69B-2.34B-2.53B-3.75B-1.34B-2.50B-323.00M-1.68B-2.70B-2.98B-2.23B-3.82B
Capital Expenditure00000000000000006.19B0010.67B148.00M316.00M164.00M
Free Cash Flow3.15B5.31B6.12B6.89B6.63B8.43B8.65B8.84B6.08B5.54B2.19B7.53B4.33B3.13B1.83B3.00B9.49B7.22B5.23B-7.64B2.40B2.83B1.10B
Dividends Paid230.00M295.00M473.00M723.00M-1.18B1.08B1.08B1.12B1.11B1.26B1.26B1.29B1.33B1.34B1.29B1.34B1.39B1.38B1.55B1.58B2.01B2.61B

Earnings

Report DateJun 4, 2004Nov 8, 2004May 9, 2005Nov 7, 2005Nov 7, 2006May 8, 2008Aug 6, 2008Nov 7, 2008Mar 3, 2009May 6, 2009Aug 5, 2009May 7, 2010Aug 4, 2010Nov 9, 2010Mar 9, 2011May 9, 2011Aug 4, 2011Nov 8, 2011Feb 2, 2012May 8, 2012Aug 7, 2012Nov 7, 2012Mar 12, 2013May 7, 2013Aug 6, 2013Nov 7, 2013Feb 4, 2014May 8, 2014Aug 7, 2014Nov 6, 2014Mar 11, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Mar 16, 2016May 10, 2016Aug 9, 2016Nov 9, 2016Feb 2, 2017May 9, 2017Aug 9, 2017Nov 9, 2017Feb 6, 2018May 8, 2018Aug 8, 2018Nov 7, 2018Mar 20, 2019May 8, 2019Aug 7, 2019Nov 7, 2019Mar 17, 2020May 8, 2020Aug 6, 2020Nov 5, 2020Feb 26, 2021May 6, 2021Aug 10, 2021Nov 9, 2021Feb 22, 2022May 10, 2022Aug 9, 2022Nov 7, 2022Feb 22, 2023May 16, 2023Aug 10, 2023Nov 8, 2023Mar 14, 2024May 8, 2024Aug 8, 2024Nov 7, 2024Feb 26, 2025May 13, 2025Aug 8, 2025Nov 11, 2025Feb 26, 2026May 12, 2026Aug 6, 2026Nov 12, 2026
EPS Estimate-----------2.133.063.742.96-3.372.72-3.963.594.062.78-3.313.395.095.254.714.155.014.914.414.144.773.733.334.704.523.854.27-8.863.214.064.803.191.324.276.285.95-1.713.221.411.434.305.461.126.204.194.26-1.176.208.479.238.927.1012.6111.256.846.277.8914.3014.907.2512.7615.0410.09
EPS Actual2.331.602.962.163.143.792.940.040.722.123.542.544.104.152.58-5.294.101.613.524.394.546.362.695.432.953.556.565.244.434.294.284.716.423.144.392.656.054.303.123.554.71-9.343.495.494.843.431.744.356.886.171.521.574.141.441.484.207.892.616.204.345.503.7911.059.298.458.617.5215.9612.167.027.548.3415.9415.487.3613.3517.50-
Surprise-----------19.25%33.99%10.96%-12.84%-21.66%-40.81%-10.86%26.46%56.65%-3.24%--10.88%4.72%28.88%-0.19%-5.94%3.37%-14.57%-4.07%45.58%-24.15%-7.97%-28.95%81.68%-8.51%-30.97%-7.79%10.30%-5.42%8.72%35.22%0.83%7.52%31.82%1.87%9.55%3.70%--8.19%28.57%2.13%3.50%-2.33%44.51%133.04%0.00%3.58%29.11%423.93%78.23%9.68%-8.45%-3.48%5.92%26.57%8.09%2.63%20.26%5.71%11.47%3.89%1.52%4.61%16.36%-
Timing-----------After-hoursPre-marketAfter-hoursAfter-hours-After-hoursPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-After-hoursPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap64.22B
Enterprise Value64.71B
Trailing P/E9.58
Forward P/E10.01
PEG Ratio2.03
Price / Sales1.04
Price / Book1.88
EPS53.29
Book Value266.75
Revenue (TTM)61.54B
Gross Profit (TTM)21.81B
EBITDA7.31B
Profit Margin11.16%
Operating Margin17.33%
Return on Equity21.30%
Return on Assets2.16%
Shares Outstanding125.81M
Shares Float125.81M
Beta0.32
Dividend Yield4.72%
Dividend Rate24
Payout Ratio44.70%

Dividends

20261×
24.00Apr 30, 2026
20251×
20.00May 2, 2025
20241×
15.00Apr 26, 2024
20231×
11.60May 8, 2023
20221×
11.00Apr 29, 2022
20211×
9.80Apr 29, 2021
20201×
9.80Apr 30, 2020
20191×
9.25May 2, 2019
20181×
8.60Apr 26, 2018
20171×
8.60Apr 27, 2017
20161×
8.25Apr 28, 2016
20151×
7.75Apr 24, 2015
20141×
7.25May 2, 2014
20131×
7.00Apr 26, 2013
20121×
6.25Apr 27, 2012
20111×
6.25Apr 21, 2011
20101×
5.75Apr 29, 2010
20091×
5.50Apr 23, 2009
20081×
5.50Apr 18, 2008
20071×
4.50Apr 27, 2007
20061×
3.10Apr 20, 2006
20051×
2.00Apr 29, 2005
20041×
1.25May 27, 2004
20031×
1.25Jun 12, 2003

Stock Splits

  • Oct 28, 2003506:481
  • Jan 25, 19992:1
  • Jul 29, 19982252:2223
  • Aug 18, 199710:1
  • Nov 22, 19952107:1979
  • Apr 6, 1994729:668