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Muenchener Rueckvrschrng Gslchft AG Mnch

MUVGn.DE

Latest Trade

242.70EUR

Change

7.50(+3.19%)

Volume

580,060

Today's Range

236.50

 - 

242.70

52 Week Range

141.10

 - 

284.20

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

Previous Close
235.20
Open
237.40
Volume
580,060
3M AVG Volume
10.23
Today's High
242.70
Today's Low
236.50
52 Week High
284.20
52 Week Low
141.10
Shares Out (MIL)
140.10
Market Cap (MIL)
32,895.23
Forward P/E
21.38
Dividend (Yield %)
4.17

Next Event

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen Investor Day

Latest Developments

More

Munich Re CEO Confirms Dividend Policy - Handelsblatt

Munich Re Issues 1.25 Bln Euro Green Bond

Munich Re Board Member Says We See Further Hardening In Price Increase Conditions In Insurance And Reinsurance Market Next Year And Probably The Next Two Years

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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 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.

Industry

Insurance (Life)

Contact Info

Koeniginstr. 107

80802

Germany

+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

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

2017

49.1K

2018

49.1K

2019

50.9K

2020(E)

53.9K
EPS (EUR)

2017

2.440

2019

18.970

2020(E)

10.693
Price To Earnings (TTM)
27.08
Price To Sales (TTM)
0.53
Price To Book (MRQ)
1.11
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
17.86
LT Debt To Equity (MRQ)
17.86
Return on Investment (TTM)
--
Return on Equity (TTM)
0.41

Latest News

Latest News

UPDATE 1-Munich Re Q2 net profit drops 42% amid COVID-related losses

* Full results follow preliminary earnings (Updates with details)

Munich Re posts 42% drop in Q2 net profit amid COVID-related losses

German reinsurance group Munich Re said on Thursday that net profit declined 42% in the second quarter, with around 700 million euros ($832 million) in losses related to the coronavirus pandemic in the period.

Munich Re abandons buybacks as pandemic costs weigh on earnings

German reinsurance group Munich Re <MUVGn.DE> said on Monday it was scrapping a planned share buyback as it reported second quarter earnings that were depressed by payouts on major events that were cancelled due to the coronavirus pandemic.

Munich Re's Ergo to take stake in China's Taishan insurance

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 expects $1 billion bill for coronavirus claims

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 ($1.08 billion) this year after it posted a 65% drop in first-quarter profit.

BRIEF-Munich Re CFO Says I Would Be Very Surprised If Posted A Loss In 2020

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen:

Munich Re Q1 profit falls 65% with high losses due to coronavirus oubreak

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.

BRIEF-Munich Re CEO Says Acquisitions In Reinsurances Are "A Bit Unrealistic"

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen:

Munich Re is fit as it deals with coronavirus outbreak, CEO says

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.

BRIEF-Munich Re To Hold Virtual Annual General Meeting - Spokesman

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen:

BRIEF-Munich Re To Stick To Dividend Proposal Of 9.80 Euros Per Share - Spokesman

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen:

Munich Re withdraws profit guidance due to coronavirus claims

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 withdraws profit guidance for 2020

Munich Re on Tuesday withdrew its profit guidance for the year, blaming insurance claims triggered by the coronavirus in the first quarter.

BRIEF-Munich Re Doesn’t See Overall Material Coronavirus Effect On Annual Result

* FROM TODAY’S PERSPECTIVE, CO DOES NOT EXPECT CONSEQUENCES OF CORONAVIRUS TO HAVE ANY OVERALL MATERIAL EFFECT ON ANNUAL RESULT - ANNUAL REPORT

UPDATE 1-Higher claims hit Munich Re's quarterly net profit

* Full-year profit misses analysts' estimate (Updates with details, CEO comment, outlook and background)

Munich Re Q4 net profit drops nearly 9% on claims for natural catastrophes

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.

BRIEF-Munich Re Says We Haven't Changed Our Risk Assessment In Wake Of Coronavirus

* SAYS WE HAVEN'T CHANGED OUR RISK ASSESSMENT IN WAKE OF CORONAVIRUS

BRIEF-Munich RE Resolves Share Buy-back

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen:

Munich Re targets growing global energy weather hedges

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.

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

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