-0.80%
6.29%
11.10%
14.66%
32.52%
87.21%
96.17%
AI Spotlight on MUV2
Company Description
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide.The company operates through five segments: Life and Health Reinsurance; Property-Casualty Reinsurance; ERGO Life and Health Germany; ERGO Property-Casualty Germany; and ERGO International.It offers life and health reinsurance solutions, such as financial market risks, data analytics, claims handling and underwriting, medical research, health market, capital management, and digital underwriting and analytics, as well as MIRA digital suite; and property and casualty reinsurance solutions, including agricultural risk, data analytics, infrastructure risk profiler, remote inspection, retroactive reinsurance, insurance linked securities, location risk, risk transfer, and cyber, as well as NatCatSERVICE for natural catastrophe loss database, REALYTIX ZERO, IMPROVEX, cert2go, consulting for product development, prospective structured reinsurance, and Vahana AI for motor claims.
The company also provides solutions for industry clients, such as IoT cover, earnings quality insurance protection, captive insurance and risk transfer, liability, weather risks, space and satellite insurance, bioenergy plant performance insurance, solar energy insurance, wind farm insurance, mining insurance, construction projects covers and services, aviation insurance, power and utilities, oil and gas companies insurance, industrial cyber insurance, risk suite, data and location risk intelligence, digital risks, PV warranty insurance, parametric, Insure AI, liquidation damage cover, and natural catastrophes solutions.In addition, it offers life, property-casualty, health, legal protection, and travel insurance products under the ERGO brand name.The company was founded in 1880 and is based in Munich, Germany.
Market Data
| Last Price | 522.4 |
| Change Percentage | -0.80% |
| Open | 528 |
| Previous Close | 526.6 |
| Market Cap ( Millions) | 69541 |
| Volume | 240222 |
| Year High | 533.6 |
| Year Low | 389 |
| M A 50 | 501.49 |
| M A 200 | 473.66 |
Financial Ratios
| FCF Yield | 0.00% |
| Dividend Yield | 2.87% |
| ROE | 18.61% |
| Debt / Equity | 19.84% |
| Net Debt / EBIDTA | -18.51% |
| Price To Book | 2.21 |
| Price Earnings Ratio | 12.13 |
| Price To FCF | 0 |
| Price To sales | 1.07 |
| EV / EBITDA | 40.94 |
News
- Jan -09 - Catastrophic Weather Drives Insured Losses to Highest Since 2017
- Jan -09 - Climate change shows 'claws' with rising costs for disasters, Munich Re says
- Dec -16 - International, domestic insurers push into catastrophe-hit US property markets
- Dec -16 - International, domestic insurers push into catastrophe-hit US property markets
- Dec -13 - Munich Re’s MEAG considers Amprion stake sale to meet capital needs
- Dec -13 - Munich Re’s Higher 2025 Profit Guide Tops Views
- Dec -06 - Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (ETR:MUV2) surges 4.9%; individual investors who own 54% shares profited along with institutions
- Nov -09 - Münchener Rückversicherungs-Gesellschaft in München Third Quarter 2024 Earnings: EPS: €7.02 (vs €8.61 in 3Q 2023)
- Nov -08 - Munchener Ruckversicherungs-Gesellschaft AG (MURGF) Q3 2024 Earnings Call Highlights: Resilient ...
- Nov -07 - Munich Re Lifts Guidance Metrics, Backs Profit View
- Nov -07 - Munich Re posts 20.4% decline in net result in Q3 2024
- Nov -07 - Munich Re Raises Insurance Revenue View
- Oct -22 - Munich Re Net Profit Misses Forecast Due to Hurricane Losses
- Oct -11 - Munich Re Specialty expands into Spanish insurance market
- Sep -20 - Insurtech company Functional Finance lands $20m Series A funding
- Sep -18 - Munich Re North America Life introduces longevity reinsurance solution
- Aug -09 - Munich Re Q2 2024 net profit jumps around 41% to $1.78bn
- Aug -08 - Munich Re Confirms Guidance After Net Profit Beats Market Views
- Jul -31 - Extreme Weather Drives Insured Losses 70% Above Historical Norms
- Jul -04 - Munich Re, CGI unite to bolster insurers’ climate risk management
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Reinsurance Property-Casualty
Expected Growth : 2.5 %
What the company do ?
Reinsurance Property-Casualty from Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München provides risk management solutions to insurers, helping them manage and mitigate risks in property and casualty lines.
Why we expect these perspectives ?
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft's 2.5% growth in Reinsurance Property-Casualty is driven by increasing demand for natural catastrophe coverage, expansion into emerging markets, and a strong capital position enabling profitable underwriting. Additionally, the company's diversified portfolio and effective risk management strategies contribute to its steady growth.
Segment n°2 -> ERGO Life and Health
Expected Growth : 2.8 %
What the company do ?
ERGO Life and Health is a leading reinsurer from Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, providing innovative risk management solutions.
Why we expect these perspectives ?
ERGO Life and Health's 2.8% growth is driven by increasing demand for health insurance in Germany, expansion into Eastern European markets, and strategic partnerships. Additionally, the segment benefits from Munich Re's strong brand reputation, diversified product offerings, and effective risk management practices, enabling it to capitalize on growth opportunities in the life and health insurance market.
Segment n°3 -> Reinsurance Life and Health
Expected Growth : 2.2 %
What the company do ?
Reinsurance Life and Health from Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München provides coverage for life and health insurance risks, protecting insurers from excessive losses.
Why we expect these perspectives ?
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft's 2.2% growth in Reinsurance Life and Health is driven by increasing demand for protection products, expansion in emerging markets, and a strong brand reputation. Additionally, the company's diversified portfolio, effective risk management, and strategic partnerships contribute to its growth momentum.
Segment n°4 -> ERGO International
Expected Growth : 3.2 %
What the company do ?
ERGO International is a global insurance company from Munich, Germany, part of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft, offering life and non-life insurance products.
Why we expect these perspectives ?
ERGO International's 3.2% growth is driven by its strong presence in European markets, diversified product portfolio, and efficient cost management. Additionally, its parent company, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft, provides a solid financial backing, enabling ERGO to invest in digitalization and expansion into emerging markets, further fueling its growth.
Segment n°5 -> ERGO Property-Casualty
Expected Growth : 2.9 %
What the company do ?
ERGO Property-Casualty is a German insurance company, part of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, offering property and casualty insurance products.
Why we expect these perspectives ?
ERGO Property-Casualty's 2.9% growth is driven by a combination of factors, including a strong underwriting performance, favorable claims experience, and a solid investment income. Additionally, the segment has benefited from a disciplined underwriting approach, improved risk selection, and a robust reinsurance program. Furthermore, ERGO's diversified portfolio and strong brand recognition have contributed to its growth momentum.
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft In München Products
| Product Range | What is it ? |
|---|---|
| Property-Casualty Reinsurance | Munich Re provides reinsurance coverage for property and casualty risks, helping insurers manage their risk exposure and improve their capital efficiency. |
| Life and Health Reinsurance | Munich Re offers life and health reinsurance solutions, enabling insurers to manage their risk and improve their financial performance. |
| Specialty Reinsurance | Munich Re provides specialty reinsurance solutions for niche markets, such as aviation, space, and cyber risks. |
| ERGO Insurance | Munich Re's primary insurance arm, ERGO, offers a range of insurance products, including life, health, and property insurance. |
| Digital Insurance Platform | Munich Re's digital insurance platform provides a range of digital insurance solutions, including data analytics and digital distribution channels. |
| Risk Consulting | Munich Re's risk consulting services help clients identify and manage their risks, providing expert advice and guidance. |
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München's Porter Forces
Threat Of Substitutes
The threat of substitutes for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München is moderate, as there are some alternative insurance products available in the market, but they are not highly attractive to customers.
Bargaining Power Of Customers
The bargaining power of customers for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München is low, as customers have limited options and are not highly concentrated.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München is moderate, as suppliers have some bargaining power due to the specialized nature of their products.
Threat Of New Entrants
The threat of new entrants for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München is high, as the insurance industry is highly regulated and has low barriers to entry.
Intensity Of Rivalry
The intensity of rivalry for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München is high, as the insurance industry is highly competitive and companies are constantly competing for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 13.72% |
| Debt Cost | 4.35% |
| Equity Weight | 86.28% |
| Equity Cost | 8.10% |
| WACC | 7.59% |
| Leverage | 15.90% |
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München : Quality Control
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| EBS.VI | Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. … |
| ACA.PA | Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through Asset Gathering; Large Customers; Specialised Financial Services; French Retail Banking - LCL; and … |
| HNR1.DE | Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services worldwide. It operates through Property & Casualty Reinsurance, and Life & Health Reinsurance segments. The company offers property, … |
| SREN.SW | Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through Property & Casualty Reinsurance, … |
| BBVA.MC | Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Swiss Re
A-Score
1-Year Total Return ->
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BBVA
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1-Year Total Return ->
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Crédit Agricole
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1-Year Total Return ->
4
Munich Re
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1-Year Total Return ->
5
Erste Bank
A-Score
1-Year Total Return ->
6
