Company Munich Re

Equities

MUV2

DE0008430026

Reinsurance

Market Closed - Xetra 11:40:13 2024-04-22 am EDT Pre-market 02:23:44 am
418.5 EUR +0.84% Intraday chart for Munich Re 420.5 +0.48%

Business Summary

Münchener Rückversicherungs-Gesellschaft (Munich Re) is one of the world leaders in reinsurance. Gross written premiums break down by activity as follows:

- reinsurance (70.4%): non-life reinsurance (77.2% of gross written premiums) and life and health reinsurance (22.8%);

- insurance (29.6%): life and health insurance (50% of gross premiums issued) and non-life insurance (21.2%). The remaining gross written premiums (28,8%) are from international insurance activities.

Revenues are distributed geographically as follows: Germany (30.3%), Europe (26.2%), North America (28.8%), Asia and Australasia (9.8%), Africa and the Middle East (2.7%) and Latin America (2.2%).

Number of employees: 42,812

Sales per Business

EUR in Million2022Weight2023Weight Delta
Reinsurance Property-Casualty
44.9 %
34,031 48.7 % 29,947 44.9 % -12.00%
ERGO Life and Health
19.6 %
13,370 19.1 % 13,048 19.6 % -2.41%
Reinsurance Life and Health
18.3 %
14,120 20.2 % 12,200 18.3 % -13.60%
ERGO International
9.9 %
4,368 6.3 % 6,588 9.9 % +50.82%
ERGO Property-Casualty
7.3 %
3,991 5.7 % 4,896 7.3 % +22.68%

Sales per region

EUR in Million2022Weight2023Weight Delta
Germany
30.3 %
14,658 21.8 % 17,554 30.3 % +19.76%
United States
25.4 %
18,560 27.6 % 14,714 25.4 % -20.72%
United Kingdom
12.2 %
7,971 11.9 % 7,072 12.2 % -11.28%
Other Europe
6.2 %
5,904 8.8 % 3,605 6.2 % -38.94%
Poland
3.5 %
1,808 2.7 % 2,007 3.5 % +11.01%
Canada
3.3 %
2,615 3.9 % 1,933 3.3 % -26.08%
Australia
3.3 %
2,362 3.5 % 1,923 3.3 % -18.59%
Spain
2.5 %
1,827 2.7 % 1,469 2.5 % -19.59%
Latin America
2.2 %
1,957 2.9 % 1,285 2.2 % -34.34%
Other Asia and Australasia
2.0 %
1,451 2.2 % 1,166 2.0 % -19.64%
Belgium
1.8 %
1,031 1.5 % 1,018 1.8 % -1.26%
China
1.7 %
1,837 2.7 % 1,012 1.7 % -44.91%
India
1.6 %
1,099 1.6 % 955 1.6 % -13.10%
Other Africa, Middle East
1.1 %
937 1.4 % 618 1.1 % -34.04%
Japan
1.0 %
1,623 2.4 % 587 1.0 % -63.83%
United Arab Emirates
0.8 %
446 0.7 % 489 0.8 % +9.64%
South Africa
0.8 %
1,047 1.6 % 475 0.8 % -54.63%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 90-12-31
Director of Finance/CFO 49 18-12-31
Chief Investment Officer 49 19-03-17
Investor Relations Contact - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal 48 20-12-31
Corporate Officer/Principal 59 22-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 19-04-29
Director/Board Member 64 09-04-21
Director/Board Member 65 17-07-03
Director/Board Member 62 17-01-02
Director/Board Member 72 14-04-29
Director/Board Member 58 13-01-02
Director/Board Member 71 14-04-29
Director/Board Member 53 19-04-29
Director/Board Member 60 19-04-29
Director/Board Member 58 21-04-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 136,468,150 134,599,680 ( 98.63 %) 1,868,343 ( 1.369 %) 98.63 %

Shareholders

NameEquities%Valuation
Amundi Asset Management SA (Investment Management)
1.400 %
1,910,686 1.400 % 933 M €
Union Investment Privatfonds GmbH
1.163 %
1,587,398 1.163 % 775 M €
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
1.055 %
1,439,291 1.055 % 703 M €
Union Investment Institutional GmbH
0.9477 %
1,293,376 0.9477 % 632 M €
LBBW Asset Management Investmentgesellschaft mbH
0.7133 %
973,434 0.7133 % 476 M €
Cominvest Asset Management GmbH
0.6011 %
820,292 0.6011 % 401 M €
Predica Prévoyance Dialogue du Crédit Agricole SA (Invt Port)
0.5691 %
776,681 0.5691 % 379 M €
Metzler Asset Management GmbH
0.5361 %
731,563 0.5361 % 357 M €
Lyxor International Asset Management SAS
0.4806 %
655,929 0.4806 % 320 M €
Helaba Invest Kapitalanlagegesellschaft mbH
0.4772 %
651,219 0.4772 % 318 M €
NameEquities%Valuation
Aristotle Capital Management LLC
0.2007 %
2,739,354 0.2007 % 134 M €
RhumbLine Advisers LP
0.001551 %
21,170 0.001551 % 1 M €
MAI Capital Management LLC
0.001367 %
18,657 0.001367 % 911 357 €
SVB Wealth LLC
0.000550 %
7,499 0.000550 % 366 311 €
Atlas Capital Advisors LLC
0.000444 %
6,054 0.000444 % 295 726 €
GAMMA Investing LLC
0.000265 %
3,614 0.000265 % 176 537 €
Paradigm Asset Management Co. LLC
0.000132 %
1,806 0.000132 % 88 219 €
PNC Investments LLC
0.000129 %
1,760 0.000129 % 85 972 €
Sit Investment Associates, Inc.
0.000087 %
1,190 0.000087 % 58 129 €
First Horizon Advisors, Inc.
0.000045 %
614 0.000045 % 29 993 €

Holdings

NameEquities%Valuation
5,297,781 1.73% 189,864,048 $
2,200,320 19.10% 156,838,810 $
16,625,000 35.00% 45,605,700 $
2,000,000 5.00% 15,597,920 $

Company contact information

Münchener Rückversicherungs-Gesellschaft AG

Königinstrasse 107

80802, Munich

+49 89 38 91 0

http://www.munichre.com
address Munich Re(MUV2)

Group companies

NameCategory and Sector
Life/Health Insurance
Life/Health Insurance
Investment Managers
Life/Health Insurance
Packaged Software
Insurance Brokers/Services
Insurance Brokers/Services
Forest Products
Miscellaneous Manufacturing

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
418.5 EUR
Average target price
446 EUR
Spread / Average Target
+6.58%
Consensus