Company Munich Re Deutsche Boerse AG

Equities

MUV2

DE0008430026

Reinsurance

Market Closed - Deutsche Boerse AG 14:58:30 2024-05-03 EDT After market 15:58:00
403.3 EUR -1.66% Intraday chart for Munich Re 403 -0.07%

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: 42,812

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
Director/Board Member 64 09-04-21
Director/Board Member 65 17-07-03
Director/Board Member 62 17-01-02
Director/Board Member 54 14-04-29
Director/Board Member 71 14-04-29
Director/Board Member 54 19-04-29
Director/Board Member 61 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 1 133,760,287 131,891,817 ( 98.60 %) 1,868,343 ( 1.397 %) 98.60 %

Shareholders

NameEquities%Valuation
Amundi Asset Management SA (Investment Management)
2.960 %
4,039,377 2.960 % 1 973 M €
Union Investment Privatfonds GmbH
1.163 %
1,587,398 1.163 % 775 M €
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
1.054 %
1,438,405 1.054 % 703 M €
Union Investment Institutional GmbH
0.9477 %
1,293,376 0.9477 % 632 M €
LBBW Asset Management Investmentgesellschaft mbH
0.7133 %
973,434 0.7133 % 476 M €
Cominvest Asset Management GmbH
0.6011 %
820,292 0.6011 % 401 M €
Predica Prévoyance Dialogue du Crédit Agricole SA (Invt Port)
0.5691 %
776,681 0.5691 % 379 M €
Metzler Asset Management GmbH
0.5361 %
731,563 0.5361 % 357 M €
Lyxor International Asset Management SAS
0.4806 %
655,929 0.4806 % 320 M €
Helaba Invest Kapitalanlagegesellschaft mbH
0.4772 %
651,219 0.4772 % 318 M €
NameEquities%Valuation
Aristotle Capital Management LLC
0.2007 %
2,739,354 0.2007 % 134 M €
RhumbLine Advisers LP
0.001551 %
21,170 0.001551 % 1 M €
MAI Capital Management LLC
0.001367 %
18,657 0.001367 % 911 357 €
SVB Wealth LLC
0.000550 %
7,499 0.000550 % 366 311 €
Atlas Capital Advisors LLC
0.000444 %
6,054 0.000444 % 295 726 €
GAMMA Investing LLC
0.000265 %
3,614 0.000265 % 176 537 €
Paradigm Asset Management Co. LLC
0.000132 %
1,806 0.000132 % 88 219 €
PNC Investments LLC
0.000129 %
1,760 0.000129 % 85 972 €
Sit Investment Associates, Inc.
0.000087 %
1,190 0.000087 % 58 129 €
First Horizon Advisors, Inc.
0.000047 %
637 0.000047 % 31 116 €

Holdings

NameEquities%Valuation
5,297,781 1.73% 189,864,048 $
2,200,320 19.10% 156,838,810 $
16,625,000 35.00% 45,605,700 $
2,000,000 5.00% 15,597,920 $

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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
402.6 EUR
Average target price
447.1 EUR
Spread / Average Target
+11.05%
Consensus