Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2)
514.60
-2.60 (-0.50%)
Aug 11, 2026, 5:38 PM CET
ETR:MUV2 Balance Sheet
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Debt Securities | - | - | - | - | - | 215,807 |
Equity and Preferred Securities | 4,852 | 5,259 | 5,266 | 6,895 | 5,945 | 3,635 |
Other Investments | 219,529 | 216,613 | 224,972 | 210,927 | 201,473 | 20,859 |
Total Investments | 225,228 | 222,747 | 230,716 | 218,462 | 207,965 | 240,300 |
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 5,819 | 5,502 | 6,116 | 5,595 | 6,439 | 5,413 |
Reinsurance Contract Assets | 11,031 | 10,736 | 11,331 | 11,207 | 9,869 | 6,099 |
Deferred Acquisition Costs | - | - | - | - | - | 9,937 |
Other Receivables | 6,601 | 6,440 | 6,597 | 7,143 | 6,189 | 29,773 |
Net Property, Plant & Equipment | 781 | 804 | 405 | 511 | 547 | - |
Other Intangible Assets | 1,165 | 1,143 | 893 | 1,028 | 1,043 | 1,286 |
Goodwill | 4,939 | 4,800 | 3,443 | 3,184 | 3,240 | 3,092 |
Other Assets | 30,212 | 28,639 | 27,418 | 27,303 | 34,644 | 16,505 |
Total Assets | 284,927 | 279,934 | 286,442 | 273,793 | 269,391 | 312,405 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Unearned Premiums | 134,178 | 131,815 | 132,560 | 132,979 | 128,771 | 13,474 |
Claims Reserves | 85,664 | 83,898 | 89,709 | 81,174 | 76,290 | 226,669 |
Reinsurance Contract Liabilities | 291 | 298 | 523 | 436 | 262 | - |
Accounts Payable | - | - | - | - | - | 1,502 |
Accrued Expenses | - | - | - | 2,766 | 2,661 | 4,958 |
Total Debt | 7,391 | 7,434 | 6,321 | 4,713 | 4,748 | 5,348 |
Long-Term Leases | 5,083 | 4,681 | 5,373 | 5,540 | 6,113 | - |
Other Liabilities | 18,594 | 18,387 | 19,055 | 16,414 | 23,301 | 29,508 |
Total Liabilities | 251,201 | 246,513 | 253,541 | 244,022 | 242,146 | 281,459 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 7,427 | 7,420 | 7,422 | 7,424 | 7,422 | 7,432 |
Accumulated Other Comprehensive Income | -276 | -810 | 397 | -286 | -1,022 | 6,642 |
Retained Earnings | 26,410 | 26,637 | 24,978 | 22,512 | 20,693 | 16,755 |
Total Common Shareholders' Equity | 33,561 | 33,248 | 32,797 | 29,650 | 27,093 | 30,829 |
Minority Interest | 166 | 173 | 104 | 122 | 152 | 116 |
Shareholders' Equity | 33,727 | 33,421 | 32,901 | 29,772 | 27,245 | 30,945 |
Total Liabilities & Equity | 284,927 | 279,934 | 286,442 | 273,793 | 269,391 | 312,405 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 5,083 | 4,681 | 5,373 | 5,540 | 6,113 | 0 |
Net Cash (Debt) | -5,083 | -4,681 | -5,373 | -5,540 | -6,113 | -0 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -39.78 | -36.08 | -40.43 | -40.74 | -43.86 | - |
Book Value | 33,561 | 33,248 | 32,797 | 29,650 | 27,093 | 30,829 |
Book Value Per Share | 262.62 | 256.26 | 246.81 | 218.05 | 194.40 | 220.05 |
Tangible Book Value | 27,457 | 27,305 | 28,461 | 25,438 | 22,810 | 26,451 |
Tangible Book Value Per Share | 214.86 | 210.45 | 214.18 | 187.08 | 163.67 | 188.80 |