Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re)

Overview

Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re) is a provider of multi-line reinsurance products. The group offers reinsurance products for life, health, property, aviation, cyber risks, financial lines, financial risks, agriculture, capital markets, space, and workers’ compensation. Munich Re also offers primary insurance products to individuals and businesses through ERGO Group AG under the brands, including ERGO, D.A.S, DKV, American Modern, Nexible, Digital Partners, ERGO Direkt and ERV. It offers risk solutions, underwriting, and claims management services. The group offers asset management services through MEAG MUNICH ERGO Asset Management GmbH. Munich Re writes its reinsurance business through brokers, strategic partnerships, and collaboration with primary insurance companies. It has presence in Europe, the Americas, the Asia Pacific, Africa and the Middle East. The group is headquartered in Munich, Germany. The group reported gross premiums written of EUR54,890 million for the fiscal year ended December 2020 (FY2020), an increase of 6.7% over that in FY2019. Its net earned premiums were EUR51,223 million in FY2020, an increase of 6.1% over that in FY2019.
Key Stats
Address
Koeniginstr. 107, MUENCHEN, Germany
Headquarters

Germany

Contact

49 89 38910

No of Employees

40,607

Industry

Financial Services

Ticker Symbol & Exchange​

MUV2 [ETR]

Revenue (2020)

$72,956 m

1.8% (2020 vs 2019)
Net Income (2020)

$1,381 m

-54.7% (2020 vs 2019)
Net Profit Margin

2 %

-55.5% (2020 vs 2019)
Market Cap *

$40,108 m

EPS *

$9.8

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re)AXA SAAssicurazioni Generali SpAZurich Insurance Group Ltd
Key Information
Headquarters Germany France Italy Switzerland
Headquarter City MUENCHEN PARIS TRIESTE ZUERICH
Headquarter State/Province - - - -
No. of Employees 40,607 96,595 71,860 52,930
Entity Type Public Public Public Public

Products & Services

Munich Re is a provider of reinsurance products. Key products, services and brands offered by the group include the following:

Products
  • Property and Casualty Reinsurance
  • Occupational Disability Reinsurance
  • Cyber Risks Reinsurance
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Direct Investment in Securities
  • Claims Handling Solutions
  • Automated Risk Assessment Services
  • Etiam Rutrum Elit
Brands
  • ERGO
  • ERV
  • New Re
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Christoph Jurecka Chief Financial Officer Senior Management 2019 47 Mr. Christoph Jurecka has been the Chief Financial Officer of Munich Re since January 2019. Previously, he served in various...
Nicholas Gartside Chief Investment Officer Senior Management 2019 46 Mr. Nicholas Gartside has been the Chief Investment Officer of the group since March 2019. Prior to this, he served...
Nikolaus Von Bomhard Chairman Non Executive Board 2019 65 Mr. Nikolaus Von Bomhard has been the Chairman of the group since April 2019. Prior to this, he served as...
Joachim Wenning Chief Executive Officer Senior Management 2017 56 Mr. Joachim Wenning has been the Chief Executive Officer of the group since April 2017. Prior to this, he served...
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History

Year Event Description
2021 Contracts/Agreements In March, the group through its subsidiary Munich Re New Ventures Inc entered into an…
2021 Contracts/Agreements In April, the group and Spectrum Labs entered into a collaboration for AI-based Trust &…
2021 Contracts/Agreements In July, the company and Sapiens International entered into a partnership to serve the commercial…
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Locations


Marchwood Power Ltd

Address

Oceanic Way, Marchwood Industrial Park, Marchwood, Southampton
United Kingdom

Telephone

44 2380 527999

Website

www.marchwoodpower.com
DAS srl

Address

Viale Tivoli 102, Palombara Sabina
Italy

Telephone

39 0744 637071

Website

www.dasitaly.com
National Health Insurance Company – Daman PJSC

Address

P.O. Box: 128888, Abu Dhabi
United Arab Emirates

Telephone

971 2 6149555

Website

www.damanhealth.ae
Munich American Reassurance Company

Address

56 Perimeter Center East, N.E, Atlanta
United States of America

Telephone

1 770 3503200

Muenchener Rueckversicherungs-Ges. AG

Address

Koeniginstrasse 107, Munich
Germany

Telephone

49 89 38910

Website

www.munichre.com
ERGO Hestia Group

Address

Ul. Hestii 1, Sopot
Poland

Telephone

48 58 5556000

Website

www.ergohestia.pl
Europaische Reiseversicherung AG

Address

Vogelweidestr. 5, Munich
Germany

Telephone

49 89 41 66 00

Website

www.reiseversicherung.de
Munich Re Ventures Inc.

Address

Koniginstr 107, Munich
Germany

Telephone

49 8938910

Website

www.munichre.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
26 Aug 2021 Munich Re Raises USD1.17 Billion in Private Placement of 1% Green Bonds Due 2042 Debt Offering Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re)
24 Sep 2020 Munich Re Raises USD1.46 Billion in Public Offering of 1.25% Green Bonds Due 2041 Debt Offering Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re)
04 Aug 2020 Munchener Ruckversicherungs (Munich Re) to Sell Stake in Apollo Hospitals Acquisition Apollo Hospitals Enterprise Ltd
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31 Jan 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

815

Active Jobs

440

Posted

316

Closed

Job Trends

Latest Jobs

Job title Company Country
Senior Counsel Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re) United States
Claims Service Rep - Personal Lines Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re) United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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