Company Munich Re

Equities

MUV2

DE0008430026

Reinsurance

Market Closed - Xetra 11:35:12 2024-05-17 am EDT 5-day change 1st Jan Change
457.8 EUR +0.75% Intraday chart for Munich Re +0.53% +22.05%

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: 42,838

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 72 19-04-29
Chairman 67 19-04-29
Director/Board Member 69 16-04-26
Director/Board Member 57 20-04-28
Director/Board Member 54 14-04-29
Director/Board Member 62 14-04-29
Director/Board Member 55 19-04-29
Director/Board Member 70 19-04-29
Director/Board Member 62 21-06-30
Director/Board Member 59 22-01-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 133,760,287 131,891,817 ( 98.60 %) 1,868,343 ( 1.397 %) 98.60 %

Shareholders

NameEquities%Valuation
Amundi Asset Management SA (Investment Management)
1.557 %
2,082,894 1.557 % 918 M €
Union Investment Privatfonds GmbH
1.185 %
1,585,215 1.185 % 699 M €
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
1.075 %
1,438,405 1.075 % 634 M €
Union Investment Institutional GmbH
0.9669 %
1,293,376 0.9669 % 570 M €
LBBW Asset Management Investmentgesellschaft mbH
0.7070 %
945,729 0.7070 % 417 M €
Cominvest Asset Management GmbH
0.6133 %
820,292 0.6133 % 362 M €
Predica Prévoyance Dialogue du Crédit Agricole SA (Invt Port)
0.5807 %
776,681 0.5807 % 342 M €
Metzler Asset Management GmbH
0.5469 %
731,563 0.5469 % 322 M €
Lyxor International Asset Management SAS
0.4904 %
655,929 0.4904 % 289 M €
Helaba Invest Kapitalanlagegesellschaft mbH
0.4869 %
651,219 0.4869 % 287 M €
NameEquities%Valuation
Aristotle Capital Management LLC
0.1977 %
2,644,922 0.1977 % 120 M €
RhumbLine Advisers LP
0.001818 %
24,324 0.001818 % 1 M €
MAI Capital Management LLC
0.001411 %
18,872 0.001411 % 855 600 €
SVB Wealth LLC
0.000501 %
6,698 0.000501 % 303 667 €
Atlas Capital Advisors LLC
0.000453 %
6,054 0.000453 % 274 470 €
Renasant Bank
0.000307 %
4,101 0.000307 % 185 927 €
GAMMA Investing LLC
0.000270 %
3,614 0.000270 % 163 848 €
Paradigm Asset Management Co. LLC
0.000135 %
1,806 0.000135 % 81 879 €
PNC Investments LLC
0.000098 %
1,307 0.000098 % 59 255 €
Sit Investment Associates, Inc.
0.000089 %
1,190 0.000089 % 53 951 €

Holdings

NameEquities%Valuation
5,297,781 1.73% 181,031,375 $
2,200,320 19.10% 154,101,325 $
16,625,000 35.00% 50,129,030 $
2,000,000 5.00% 16,210,740 $

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
457.8 EUR
Average target price
471.6 EUR
Spread / Average Target
+3.02%
Consensus
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