Company Munich Re

Equities

MUV2

DE0008430026

Reinsurance

Market Closed - Xetra 11:35:29 2024-02-23 am EST Pre-market 02:28:08 am
423.4 EUR +0.98% Intraday chart for Munich Re 423.6 +0.04%

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 (71.6%): non-life reinsurance (71.5% of gross written premiums) and life and health reinsurance (28.5%);

- insurance (20.7%): life and health insurance (69.8% of gross premiums issued) and non-life insurance (30.2%). The remaining gross written premiums (7.7%) are from international insurance activities.

Gross written premiums are distributed geographically as follows: Germany (21.8%), Europe (27.6%), North America (31.5%), Asia and Australasia (12.5%), Africa and Middle East (3.6%) and Latin America (3%).

Number of employees: 42,562

Sales per Business

EUR in Million2021Weight2022Weight Delta
Reinsurance Property-Casualty
48.7 %
29,228 42.8 % 34,031 48.7 % +16.43%
Reinsurance Life and Health
20.2 %
13,096 19.2 % 14,120 20.2 % +7.82%
ERGO Life and Health
19.1 %
16,491 24.1 % 13,370 19.1 % -18.93%
ERGO International
6.3 %
5,627 8.2 % 4,368 6.3 % -22.37%
ERGO Property-Casualty
5.7 %
3,917 5.7 % 3,991 5.7 % +1.89%

Sales per region

EUR in Million2021Weight2022Weight Delta
United States
27.6 %
15,834 26.6 % 18,560 27.6 % +17.22%
Germany
21.8 %
14,112 23.7 % 14,658 21.8 % +3.87%
United Kingdom
11.9 %
6,881 11.6 % 7,971 11.9 % +15.84%
Other Europe
8.8 %
5,015 8.4 % 5,904 8.8 % +17.73%
Canada
3.9 %
2,419 4.1 % 2,615 3.9 % +8.10%
Australia
3.5 %
2,080 3.5 % 2,362 3.5 % +13.56%
Latin America
2.9 %
1,560 2.6 % 1,957 2.9 % +25.45%
China
2.7 %
1,664 2.8 % 1,837 2.7 % +10.40%
Spain
2.7 %
1,668 2.8 % 1,827 2.7 % +9.53%
Poland
2.7 %
1,772 3.0 % 1,808 2.7 % +2.03%
Japan
2.4 %
1,659 2.8 % 1,623 2.4 % -2.17%
Other Asia and Australasia
2.2 %
1,230 2.1 % 1,451 2.2 % +17.97%
India
1.6 %
806 1.4 % 1,099 1.6 % +36.35%
South Africa
1.6 %
775 1.3 % 1,047 1.6 % +35.10%
Belgium
1.5 %
972 1.6 % 1,031 1.5 % +6.07%
Other Africa, Middle East
1.4 %
782 1.3 % 937 1.4 % +19.82%
United Arab Emirates
0.7 %
338 0.6 % 446 0.7 % +31.95%

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 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 09-04-21
Director/Board Member 65 17-07-03
Director/Board Member 62 17-01-02
Director/Board Member 57 13-01-02
Director/Board Member 70 14-04-29
Director/Board Member 53 19-04-29
Director/Board Member 54 19-04-29
Director/Board Member 60 19-04-29
Director/Board Member 70 19-04-29
Director/Board Member 58 21-04-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 140,098,931 134,012,275 ( 95.66 %) 2,455,748 ( 1.753 %) 95.66 %

Shareholders

NameEquities%Valuation
Union Investment Privatfonds GmbH
1.431 %
1,952,209 1.431 % 836 M €
Amundi Asset Management SA (Investment Management)
1.264 %
1,725,176 1.264 % 739 M €
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
1.055 %
1,439,291 1.055 % 616 M €
Union Investment Institutional GmbH
0.9477 %
1,293,376 0.9477 % 554 M €
LBBW Asset Management Investmentgesellschaft mbH
0.7266 %
991,513 0.7266 % 425 M €
HSBC Global Asset Management (Deutschland) GmbH
0.6495 %
886,359 0.6495 % 380 M €
Cominvest Asset Management GmbH
0.6011 %
820,292 0.6011 % 351 M €
Metzler Asset Management GmbH
0.5740 %
783,283 0.5740 % 335 M €
Predica Prévoyance Dialogue du Crédit Agricole SA (Invt Port)
0.5691 %
776,681 0.5691 % 333 M €
Lyxor International Asset Management SAS
0.4806 %
655,929 0.4806 % 281 M €
NameEquities%Valuation
Aristotle Capital Management LLC
0.2007 %
2,739,354 0.2007 % 117 M €
RhumbLine Advisers LP
0.001551 %
21,170 0.001551 % 906 499 €
MAI Capital Management LLC
0.001367 %
18,657 0.001367 % 798 893 €
SVB Wealth LLC
0.000550 %
7,499 0.000550 % 321 107 €
Atlas Capital Advisors LLC
0.000444 %
6,054 0.000444 % 259 232 €
GAMMA Investing LLC
0.000207 %
2,821 0.000207 % 120 795 €
Paradigm Asset Management Co. LLC
0.000132 %
1,806 0.000132 % 77 333 €
PNC Investments LLC
0.000129 %
1,760 0.000129 % 75 363 €
Sit Investment Associates, Inc.
0.000087 %
1,190 0.000087 % 50 956 €
First Horizon Advisors, Inc.
0.000045 %
614 0.000045 % 26 291 €

Holdings

NameEquities%Valuation
5,297,781 1.73% 169,673,462 $
2,200,320 19.10% 156,551,382 $
16,625,000 35.00% 48,036,608 $
2,000,000 5.00% 10,559,720 $

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
17
Last Close Price
423.4 EUR
Average target price
421.4 EUR
Spread / Average Target
-0.47%
Consensus
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