Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR: MUV2)

MUV2 Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	-	138,186	133,260	141,423	140,391	134,289
Investments in Equity & Preferred Securities	5,077	18,356	15,753	19,611	14,517	16,587
Policy Loans	-	-	-	183	201	220
Other Investments	218,185	49,315	44,416	9,980	8,200	8,259
Total Investments	233,079	215,241	203,047	187,937	179,620	174,372
Cash & Equivalents	6,524	5,500	6,380	5,403	5,607	4,983
Reinsurance Recoverable	4,072	4,014	3,892	10,337	8,558	8,690
Other Receivables	13,961	12,145	9,766	59,893	60,455	58,364
Deferred Policy Acquisition Cost	-	-	-	9,937	9,119	9,271
Separate Account Assets	-	-	-	12,283	11,033	9,163
Property, Plant & Equipment	1,540	4,318	4,224	2,564	2,654	2,361
Goodwill	3,304	3,184	3,240	3,092	2,782	2,941
Other Intangible Assets	882	1,028	1,043	1,006	930	895
Restricted Cash	-	95	59	1,859	1,592	690
Other Current Assets	183	5,198	5,789	564	234	427
Long-Term Deferred Tax Assets	2,440	2,743	2,862	503	278	316
Long-Term Deferred Charges	-	272	248	219	181	158
Other Long-Term Assets	14,022	20,055	28,841	16,808	14,903	14,922
Total Assets	280,007	273,793	269,391	312,405	297,946	287,553
Accrued Expenses	-	655	524	1,007	1,109	1,232
Insurance & Annuity Liabilities	133,341	135,124	138,779	127,328	124,971	124,734
Unpaid Claims	86,480	81,167	76,283	81,671	72,475	70,875
Unearned Premiums	-	-	-	13,474	10,964	10,518
Reinsurance Payable	550	436	262	13,203	11,828	9,459
Current Income Taxes Payable	2,235	2,657	1,569	1,845	1,823	1,913
Long-Term Debt	6,211	5,891	6,095	6,364	6,341	4,693
Long-Term Leases	-	437	356	433	402	374
Long-Term Deferred Tax Liabilities	1,850	2,241	1,751	1,300	2,293	1,908
Separate Account Liability	-	-	-	8,998	7,955	8,172
Other Current Liabilities	4,582	4,352	4,735	3,751	3,450	1,905
Other Long-Term Liabilities	13,334	8,557	9,397	18,329	20,068	17,297
Total Liabilities	248,583	244,022	242,146	281,460	267,952	256,977
Common Stock	7,424	580	577	587	587	576
Additional Paid-In Capital	-	6,844	6,845	6,845	6,845	6,845
Retained Earnings	24,367	22,822	20,693	16,755	14,779	16,169
Treasury Stock	-	-	-	-	-	-641
Comprehensive Income & Other	-487	-597	-1,022	6,642	7,683	7,510
Total Common Equity	31,304	29,649	27,093	30,829	29,894	30,459
Minority Interest	120	122	152	116	100	117
Shareholders' Equity	31,424	29,771	27,245	30,945	29,994	30,576
Total Liabilities & Equity	280,007	273,793	269,391	312,405	297,946	287,553
Filing Date Shares Outstanding	132.48	134.6	137.64	140.1	140.1	141.46
Total Common Shares Outstanding	132.48	134.6	137.64	140.1	140.1	141.46
Total Debt	6,211	6,328	6,451	6,797	6,743	5,067
Net Cash (Debt)	313	-828	-71	-1,394	-1,136	-84
Net Cash Per Share	2.34	-6.09	-0.51	-9.95	-8.10	-0.58
Book Value Per Share	236.29	220.28	196.84	220.05	213.38	215.32
Tangible Book Value	27,118	25,437	22,810	26,731	26,182	26,623
Tangible Book Value Per Share	204.70	188.98	165.72	190.80	186.88	188.20
Machinery	-	1,044	1,034	962	979	1,012
Construction In Progress	-	35	24	14	31	-

Source: S&P Capital IQ. Insurance template. Financial Sources.