Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR: MUV2)
Market Cap | 62.63B |
Revenue (ttm) | 61.99B |
Net Income (ttm) | 5.71B |
Shares Out | 131.86M |
EPS (ttm) | 42.67 |
PE Ratio | 11.13 |
Forward PE | 12.13 |
Dividend | 15.00 (3.16%) |
Ex-Dividend Date | n/a |
Volume | 51,308 |
Open | 475.40 |
Previous Close | 475.00 |
Day's Range | 474.20 - 480.20 |
52-Week Range | 373.70 - 512.80 |
Beta | 0.85 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 7, 2024 |
About MUV2
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also 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, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capi... [Read more]
Financial Performance
In 2023, MUV2's revenue was 58.61 billion, an increase of 3.99% compared to the previous year's 56.37 billion. Earnings were 4.61 billion, a decrease of -13.31%.
Financial StatementsNews
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Q3 2024 Earnings Call Transcript
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCPK:MURGY) Q3 2024 Earnings Conference Call November 7, 2024 3:00 AM ET Company Participants Christian Becker-Hussong - Head, ...
Need for risk-adequate prices to cover risks from climate change, Munich Re CFO says
Christoph Jurecka, the CFO of Munich Re, discusses the insurance firm's third-quarter earnings, and the effect of weather-related events in the U.S. and Europe on its business.
Munich Re reports Q3 results
Munich Re Lifts Outlook Despite Third-Quarter Miss
Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.
Munich Re: Despite Sustainable Dividend, Its Earnings Outlook Is Not Great
Munich RE: Slowing Down, Time To Get 'Out' As Of October 2024
Munich RE's valuation at €480/share is too high for a 15% annualized RoR. Read more about why I maintain a hold rating on MURGY stock.
Boerse Stuttgart-owned Bison launches insured Ethereum staking service
Bison has partnered with Munich Re and Staking Facilities to offer insured Ether staking, covering risks like slashing and fraud.
Munich Re Expects to Meet Full-Year Profit Forecast
Munich Re reported a net profit for the second quarter that beat consensus forecasts and reiterated its full-year profit outlook of at least €5 billion.
Climate change pushes bill for disasters to US$120 billion in first half: Munich Re
Insurance industry feels the heat as warming drives bigger losses and puts more regions at risk, says reinsurer Munich Re.
‘Only 6% economic losses from natural disasters are insured in Africa’
Findings by Munich Re, an international reinsurance organisation, revealed that a huge gap exists between economic losses from natural disasters and insured losses in Africa, estimating that only six ...
Munich RE: Continued Outperformance From An Overvalued Insurer
Is Munich RE a good investment? Analysis shows high valuation and risks may outweigh potential gains for long-term investors. See more here.
Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re
Insurance broker Lockton’s Emerging Asset Protection (LEAP) team helped organize the Munich Re deal.
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Q1 2024 Earnings Call Transcript
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCPK:MURGY) Q1 2024 Earnings Conference Call May 8, 2024 3:00 AM ET Company Participants Christian Becker-Hussong - Head, Inves...
Munich Re stock rises as company cheers investors with latest earnings
A stronger operational performance and less major-loss expenses than previously thought contributed to Munich Re's latest financial results.
Munich Re Says Full-Year Profit Could Top €5 Billion
The German reinsurer posted net profit for the first three months of 2024 of $2.3 billion, in line with preliminary figures, and said it was “more likely” it would surpass its full-year profit target.
ISS clashes with German blue-chips over boardroom independence
Proxy adviser calls on investors to replace chairs of BASF and Munich Re, who previously served as chiefs of their groups
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Q4 2023 Earnings Call Transcript
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCPK:MURGY) Q4 2023 Earnings Conference Call February 27, 2024 5:30 AM ET
Munich Re Profit Beats Views
Munich Re’s profit fell in the final quarter of 2023, partly due to Hurricane Otis, but beat market expectations as the company recovered from a period marked by major losses in its property-casualty ...
EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re plans dividend of €15 per share for 2023 and resolves share buy-back with volume of up to €1.5bn
EQS-Ad-hoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Dividend/Share Buyback Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich ...
Nature's Hefty Bill In 2023 Adds Up To A Whopping $250 Billion, Courtesy Of Thunderstorms And Earthquakes
The world suffered approximately $250 billion in damages due to severe thunderstorms in North America and Europe and a series of devastating earthquakes in 2023. What Happened: According to a report b...
Record thunderstorm losses and deadly earthquakes cost $250 billion in damages in 2023, report says
Destructive thunderstorms and devastating earthquakes last year cost the world around $250 billion in damages, according to a new report from Munich Re.
Natural Disasters Led to $250 Billion in Global Losses Last Year
Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half that amount actually covered by insurers, according to data compiled by Munich Re.
Wet weather may return in 2024 following El Niño’s peak
El Niño has peaked and may make way for La Niña later this year, increasing the risk of tropical cyclones and damaging flooding, reinsurer Munich Re has warned.
Typhoon Doksuri’s 2023 rampage across China leaves US$23 billion shortfall in insurance coverage, Munich Re says
The catastrophe was the second-costliest disaster worldwide in 2023, according to German reinsurance firm Munich Re, which said insurance coverage in China lags far behind the global average.
Munich Re Expects Net Profit Of EUR 5 Bln For 2024
MUNICH (dpa-AFX) - German reinsurance provider Munich Re (0KFE.L) Friday announced guidance for 2024, where it expects net profit of 5 billion euros, citing stable operational activities in all bu...