Company Munich Re London S.E.

Equities

0KFE

DE0008430026

Reinsurance

Real-time Estimate Tradegate 03:23:19 2024-07-01 EDT 5-day change 1st Jan Change
469.8 EUR +0.55% Intraday chart for Munich Re +1.64% +25.54%

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
Chairman 68 19-04-29
Director/Board Member 70 16-04-26
Director/Board Member 57 20-04-28
Director/Board Member 62 14-04-29
Director/Board Member 54 19-04-29
Director/Board Member 55 19-04-29
Director/Board Member 70 19-04-29
Director/Board Member 59 21-04-27
Director/Board Member 63 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)
0.4466 %
597,311 0.4466 % 297 M €
ACATIS Investment Kapitalverwaltungsgesellschaft mbH
0.3476 %
465,001 0.3476 % 231 M €
State Street Global Advisors Ltd.
0.2720 %
363,890 0.2720 % 181 M €
Aristotle Capital Management LLC
0.2215 %
296,214 0.2215 % 147 M €
Sjunde AP-fonden
0.1500 %
200,604 0.1500 % 100 M €
LBBW Asset Management Investmentgesellschaft mbH
0.1496 %
200,107 0.1496 % 99 M €
FMR Investment Management (UK) Ltd.
0.1422 %
190,230 0.1422 % 95 M €
Oddo BHF Asset Management GmbH
0.1382 %
184,853 0.1382 % 92 M €
Raiffeisen Kapitalanlage-Gesellschaft mbH
0.1272 %
170,201 0.1272 % 85 M €
CAPFI DELEN Asset Management NV
0.1015 %
135,788 0.1015 % 67 M €
NameEquities%Valuation
Aristotle Capital Management LLC
0.1977 %
2,644,922 0.1977 % 131 M €
RhumbLine Advisers LP
0.001818 %
24,324 0.001818 % 1 M €
MAI Capital Management LLC
0.001411 %
18,872 0.001411 % 938 127 €
SVB Wealth LLC
0.000501 %
6,698 0.000501 % 332 958 €
Atlas Capital Advisors LLC
0.000453 %
6,054 0.000453 % 300 944 €
Renasant Bank
0.000307 %
4,101 0.000307 % 203 861 €
GAMMA Investing LLC
0.000270 %
3,614 0.000270 % 179 652 €
Paradigm Asset Management Co. LLC
0.000135 %
1,806 0.000135 % 89 776 €
PNC Investments LLC
0.000098 %
1,307 0.000098 % 64 971 €
Sit Investment Associates, Inc.
0.000089 %
1,190 0.000089 % 59 155 €

Holdings

NameEquities%Valuation
5,297,781 1.73% 183,062,915 $
2,200,320 19.10% 146,903,045 $
16,625,000 35.00% 53,061,348 $
2,000,000 5.00% 14,104,040 $

Company contact information

Münchener Rückversicherungs-Gesellschaft AG

Königinstrasse 107

80802, Munich

+49 89 38 91 0

http://www.munichre.com
address Munich Re(0KFE)

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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
467 EUR
Average target price
477.1 EUR
Spread / Average Target
+2.16%
Consensus