Added to YB: 2025-11-17
Pitch date: 2025-11-12
MUV2.DE [neutral]
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
+0.72%
current return
Author Info
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Company Info
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide.
Market Cap
EUR 70.6B
Pitch Price
EUR 554.00
Price Target
N/A
Dividend
2.74%
EV/EBITDA
7.73
P/E
11.47
EV/Sales
1.17
Sector
Insurance
Category
N/A
Munich Re (MUV2 Germany): strong profits but growth momentum softens
MUV2.DE (quick overview): Q3 technical result €2.8B, net profit ~€2B, on track for €6B full-year target. P&C combined ratio improved to 62.7% (normalized 78.7%) but volumes down 6% YOY as mgmt walks away from marginal business. Solvency II 293%. Dec Investor Day key for growth strategy as reinsurance cycle softens.
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