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

ETR:MUV2 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	138,186	133,260	141,423	140,391
Investments in Equity & Preferred Securities	5,266	18,356	15,753	19,611	14,517
Policy Loans	-	-	-	183	201
Other Investments	222,755	49,315	44,416	9,980	8,200
Total Investments	238,210	215,241	203,047	187,937	179,620
Cash & Equivalents	6,116	5,500	6,380	5,403	5,607
Reinsurance Recoverable	4,123	4,014	3,892	10,337	8,558
Other Receivables	13,805	12,145	9,766	59,893	60,455
Deferred Policy Acquisition Cost	-	-	-	9,937	9,119
Separate Account Assets	-	-	-	12,283	11,033
Property, Plant & Equipment	1,607	4,318	4,224	2,564	2,654
Goodwill	3,443	3,184	3,240	3,092	2,782
Other Intangible Assets	893	1,028	1,043	1,006	930
Restricted Cash	-	95	59	1,859	1,592
Other Current Assets	786	5,198	5,789	564	234
Long-Term Deferred Tax Assets	2,664	2,743	2,862	503	278
Long-Term Deferred Charges	-	272	248	219	181
Other Long-Term Assets	14,868	20,055	28,841	16,808	14,903
Total Assets	286,515	273,793	269,391	312,405	297,946
Accrued Expenses	-	655	524	1,007	1,109
Insurance & Annuity Liabilities	132,588	135,124	138,779	127,328	124,971
Unpaid Claims	89,702	81,167	76,283	81,671	72,475
Unearned Premiums	-	-	-	13,474	10,964
Reinsurance Payable	523	436	262	13,203	11,828
Current Income Taxes Payable	2,179	2,657	1,569	1,845	1,823
Long-Term Debt	6,321	5,891	6,095	6,364	6,341
Long-Term Leases	-	437	356	433	402
Long-Term Deferred Tax Liabilities	1,973	2,241	1,751	1,300	2,293
Separate Account Liability	-	-	-	8,998	7,955
Other Current Liabilities	1,297	4,352	4,735	3,751	3,450
Other Long-Term Liabilities	19,187	8,557	9,397	18,329	20,068
Total Liabilities	253,770	244,022	242,146	281,460	267,952
Common Stock	7,422	580	577	587	587
Additional Paid-In Capital	-	6,844	6,845	6,845	6,845
Retained Earnings	24,822	22,822	20,693	16,755	14,779
Comprehensive Income & Other	397	-597	-1,022	6,642	7,683
Total Common Equity	32,641	29,649	27,093	30,829	29,894
Minority Interest	104	122	152	116	100
Shareholders' Equity	32,745	29,771	27,245	30,945	29,994
Total Liabilities & Equity	286,515	273,793	269,391	312,405	297,946
Filing Date Shares Outstanding	131.43	134.6	137.64	140.1	140.1
Total Common Shares Outstanding	131.43	134.6	137.64	140.1	140.1
Total Debt	6,321	6,328	6,451	6,797	6,743
Net Cash (Debt)	-205	-828	-71	-1,394	-1,136
Net Cash Per Share	-1.54	-6.09	-0.51	-9.95	-8.10
Book Value Per Share	248.35	220.28	196.84	220.05	213.38
Tangible Book Value	28,305	25,437	22,810	26,731	26,182
Tangible Book Value Per Share	215.36	188.98	165.72	190.80	186.88
Machinery	-	1,044	1,034	962	979
Construction In Progress	-	35	24	14	31

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