Münchener Rückversicherungs-Gesellschaft AG in München

Münchener Rückversicherungs-Gesellschaft AG in München

MURGY
Münchener Rückversicherungs-Gesellschaft AG in MünchenUS flagOther OTC
11.58
USD
+0.06
- -
15.09BMarket Cap
Münchener Rückversicherungs-Gesellschaft AG in München
MURGY
(Other OTC)

Recent

price

11.58

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.38
6.21
6.72
6.41
6.55
6.8
6.96
7.23
7
8.26
8.35
9.2
8.26
8.75
9.7
9.61
9.62
Revenue per Share
0.26
0.08
0.36
0.37
0.37
0.37
0.32
0.05
0.31
0.39
0.17
0.42
0.76
0.68
0.86
0.94
1.04
Basic EPS, GAAP
0.95
0.68
0.62
0.24
0.87
0.52
0.37
0.24
0.4
1.35
1.03
0.75
0.52
0.32
0.43
0.71
- -
Free Cash Flow per Basic Share
0.12
0.13
0.13
0.14
0.15
0.16
0.17
0.17
0.17
0.19
0.2
0.2
0.22
0.23
0.3
0.4
- -
Dividend per Share
2.22
2.21
2.42
2.63
2.74
2.97
3.11
2.96
3.08
3.27
3.17
3.45
4.03
4.4
4.88
5.25
5.47
Book Value per Share
1.94
2.05
2.53
2.4
3.02
3.26
3.46
3.18
3.02
3.76
3.7
3.79
3.3
3.76
4.3
4.24
4.42
Tangible Book Value per Share
9,271
8,899
8,885
8,953
8,609
8,295
7,999
7,703
7,435
7,014
7,014
7,005
6,968
6,799
6,644
6,487
6,452
Basic Weighted Avg Shares
59,111
55,249
59,711
57,371
56,358
56,368
55,687
55,711
52,037
57,970
58,560
64,458
57,548
59,516
64,424
62,312
62,084
Sales/Revenue/Turnover
6.73
- -
8.96
7.69
7.15
8.55
7.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2,873
317
375
359
- -
Depreciation Expense
2,430
702
3,188
3,304
3,152
3,107
2,580
375
2,310
2,724
1,211
2,933
5,313
4,606
5,704
6,118
6,733
Net Income, GAAP
22.17
- -
21.51
2.76
- -
11.6
19.64
- -
16.63
12.76
18.16
13.34
19.96
16.91
26.97
29.06
28.18
Effective Tax Rate (%)
4.11
1.27
5.34
5.76
5.59
5.51
4.63
0.67
4.44
4.7
2.07
4.55
9.23
7.74
8.85
9.82
10.84
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
5,137
5,562
6,256
5,134
5,138
5,158
4,938
3,669
4,655
5,067
6,743
6,797
4,748
4,713
6,321
7,434
7,518
LT Debt
23,028
23,309
27,439
26,188
30,289
30,965
31,784
28,198
26,500
30,576
29,994
30,945
27,245
29,772
32,901
33,420
34,617
Total Equity
8.29
- -
9.48
9.65
- -
8.87
7.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
11.99
- -
13.23
12.91
- -
11.47
9.4
- -
9.48
10.94
5.2
10.72
17.3
14.34
16.19
15.85
16.94
Return on Capital (%)
12.59
3.49
15.47
14.65
13.38
12.89
10.42
1.57
10.1
11.87
5.36
12.64
20.32
15.87
18.3
18.41
19.69
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
7,404
7,434
7,518
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
130
128
128
Market Capitalization
70,995
73,139
70,474

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
5,429
176,202
5,600
Accounts Receivable, Net
- -
- -
- -
Inventories
9
6
6
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.14%
2.52%
1.58%
Free Cash Flow
18.06%
-1.21%
62.93%
Net Income, GAAP
61.71%
48.23%
7.26%
Sales/Revenue/Turnover
1.24%
1.55%
-3.28%
Total Cash Common Dividend
7.81%
14.17%
30.26%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,208
15,953
16,740
13,947
64,424
2025
16,395
16,002
16,476
13,360
62,312
2026
16,246
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.24
0.14
- -
0.86
2025
0.17
0.32
0.31
- -
0.94
2026
0.27
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.3
2025
- -
- -
- -
- -
0.4
2026
- -
- -
- -
- -
- -
Business
Münchener Rückversicherungs-Gesellschaft AG, known as Munich Re, is a leading global reinsurer providing a broad range of reinsurance products and insurance-related risk solutions. The company operates primarily through its two main segments: reinsurance and primary insurance, with the latter focused on the ERGO Group. Core offerings include traditional reinsurance across life, health, property, and casualty lines; specialty insurance solutions via MR Specialty Insurance and HSB; and capital market-focused insurance products offered through ERGO Vorsorge Lebensversicherung AG. Munich Re also provides innovative risk management services for emerging and extraordinary risks such as cyberattacks, pandemics, renewable energy projects, and space launches. The firm is heavily engaged in digital transformation to enhance risk assessment and expand its service portfolio. Founded in 1880, Munich Re is headquartered in Munich, Germany, and operates globally across all insurance lines and markets. Recent major developments include the implementation of the Munich Re Group Ambition 2025 strategy, which focuses on growth in core reinsurance, expansion in life and health reinsurance, and profitable growth in primary insurance beyond Germany. The strategy emphasizes decarbonization with commitments to net zero emissions by 2050 and phasing out coal-related insurance and investments by 2040. Munich Re reported four consecutive years of profit growth, driven by improved market conditions and disciplined underwriting, despite some price softening in reinsurance renewals. Leadership transition includes the CEO change effective January 2026, with continued strategic continuity. The company also recently enhanced its capital position with a solvency ratio increase to 287% as of the end of 2024 and announced an increased dividend payout. These efforts underscore Munich Re’s commitment to innovation, financial stability, and sustainability in its global operations in Europe, Asia, and other regions.

Company News

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