MUV2.DE - Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft

XETRA - XETRA Delayed price. Currency in EUR
192.25
+0.60 (+0.31%)
At close: 5:35PM CET
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Previous close191.65
Open191.35
Bid0.00 x 141600
Ask0.00 x 153800
Day's range191.10 - 193.20
52-week range166.60 - 199.00
Volume606,178
Avg. volume548,869
Market cap29.478B
BetaN/A
PE ratio (TTM)88.96
EPS (TTM)2.16
Earnings date6 Feb 2018
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est198.89
  • Reuters - UK Focus5 days ago

    BUZZ-EU Insurance: CS "selectively" positive

    ** Credit Suisse says it is "selectively" positive on the European insurance sector ** Says there is some upside potential in the sector as a whole, although at a lower level than at start of ...

  • Reuters - UK Focus5 days ago

    Insurer Beazley sees FY 2017 pre-tax profit ahead of market expectations

    Lloyd's of London insurer Beazley (LSE: 31740399.L - news) said it expected to report 2017 pre-tax profit ahead of current market expectations, despite the sector having faced hurricanes, earthquakes and wildfire bills of over $135 billion. The insurer pointed to a reduction of about $5 million in the value of its U.S. deferred tax asset following the cut in the U.S. corporation tax rate to 21 percent from 35 percent. Beazley (LSE: BEZ.L - news) said it expected its combined ratio, a measure of underwriting profitability, to be 99 percent for 2017.

  • Reuters2 months ago

    Munich Re's Ergo drops plan to sell run-off life policies

    Munich Re's Ergo unit has dropped plans to sell run-off life insurance policies, saying non-binding offers received by the company were too low. "In Ergo's view, the current value of the portfolios and its potential appreciation is not adequately reflected in the offers submitted," Ergo Chief Executive Markus Riess said late Tuesday. Ergo and rivals are struggling to pay guaranteed returns to clients because of record-low interest rates.

  • Reuters - UK Focus2 months ago

    Munich Re's Ergo drops plan to sell run-off life policies

    Munich Re's Ergo unit has dropped plans to sell run-off life insurance policies, saying non-binding offers received by the company were too low. "In Ergo's view, the current value of the portfolios and its potential appreciation is not adequately reflected in the offers submitted," Ergo Chief Executive Markus Riess said late Tuesday.

  • Reuters - UK Focus2 months ago

    Hedge funds bet on reinsurance recovery

    Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday. Reinsurance rates are likely to rise at January 2018 renewals as a result of increased demand, boosting profitability and driving the hedge fund interest. The sector is looking "quite an interesting place to be", said Nick Martin, manager of Polar Capital (LSE: POLR.L - news) 's $1.3 billion insurance long-only fund, adding that years of falling rates have driven down valuations.

  • Reuters - UK Focus3 months ago

    Damages for Grenfell fire victims may total just $5 mln - Reuters analysis

    LONDON, Oct (Shenzhen: 000069.SZ - news) 18 (Reuters) - The bill for compensating families of those who died in the Grenfell Tower fire in London may be as low as 4 million pounds ($5 million), according to several lawyers and a Reuters analysis of how damages laws apply in England. While similar disasters in the United States have led to massive payouts, any compensation for Grenfell would be far lower because English laws offer less generous damages and don't allow punitive claims, even if companies are found criminally responsible, said Brett Dixon, president of the Association of Personal Injury Lawyers (APIL).

  • Reuters - UK Focus4 months ago

    Pressure grows on KPMG as Munich Re Africa drops it as auditor

    The African arm of Germany's Munich Re has dropped KPMG as its auditor, the latest company to distance itself from the accountancy firm entangled in a scandal involving friends of South African President Jacob Zuma. KMPG sacked its South African leadership last month after it found work done for companies owned by the Gupta family - a trio of Indian-born businessmen with close ties to Zuma - "fell considerably short" of its standards.

  • Reuters - UK Focus4 months ago

    Munich Re's Africa unit drops KPMG as auditor

    Munich Re African unit has dropped KPMG as its auditor, its regional chief executive said on Tuesday. "We just felt that it would be better for us if we are dealing with a new auditor in 2018," ...

  • Reuters - UK Focus4 months ago

    BUZZ-EU Reinsurers: JP Morgan and Citi see 2017 earnings wipe out

    **JP Morgan says 2017 looks increasingly capable of becoming the most costly year on record for natural catastrophe losses, with current estimates pointing to an industry insured loss of ~$140 bln ** JPM ...

  • Reuters - UK Focus4 months ago

    Two more firms fire KPMG as corporate South Africa weighs links with auditor

    A South African broker and an energy investment firm fired KPMG on Tuesday, two of a number of local firms weighing whether to ditch the auditor to distance themselves from a scandal involving business friends of President Jacob Zuma. Sasfin and Hulisani, both relatively small financial companies based in Johannesburg, announced they would drop KPMG due to reputational risk. KPMG, one of the biggest and most influential names in accounting, cleared out its South African leadership on Friday after it found that work done for firms owned by the Gupta family "fell considerably short" of its standards.

  • Reuters - UK Focus4 months ago

    Hiscox estimates $150 mln net claims from Harvey

    Lloyd's of London underwriter Hiscox Ltd estimated it would face net claims of about $150 million from Hurricane Harvey and said it has yet to determine losses from Hurricane Irma. Insurers and reinsurers are counting the cost of Harvey, which lashed Texas in the last week of August causing flooding that put it on the scale of Hurricane Sandy in 2012. Hiscox (Swiss: 27373019.SW - news) said it had two main areas of exposure to the hurricane - reinsurance and insurance lines, including flood cover for homeowners and businesses.

  • Reuters - UK Focus4 months ago

    Oil, retailers help European shares touch five-week high

    European stocks edged up to a five-week high on Thursday, boosted by energy stocks and retailers, while stronger than expected U.S. inflation data also helped lift sectors with high dollar exposure. The ...

  • Reuters - UK Focus5 months ago

    European shares hit two-week low as euro surges

    European shares fell on Monday as the euro strengthened after ECB chief Mario Draghi expressed no concern about a strong currency in a closely watched speech. The STOXX index for euro zone stocks fell ...

  • New CEO aims to stem Munich Re's falling profits
    AFP5 months ago

    New CEO aims to stem Munich Re's falling profits

    German reinsurer Munich Re said it is confident of meeting its full-year targets after a 'sound' second quarter.

  • Low disaster count puts Munich Re on track for 2017
    AFP5 months ago

    Low disaster count puts Munich Re on track for 2017

    German reinsurer Munich Re said it is confident of meeting its full-year targets after a 'sound' second quarter.

  • Natural disasters less devastating in 2017: Munich Re
    AFP6 months ago

    Natural disasters less devastating in 2017: Munich Re

    Disasters inflicted a financial cost of around $41 billion in the first six months, Munich Re reported

  • Reuters - UK Focus7 months ago

    Gross property insurance claims for London tower fire may reach GBP 50 mln -insurer

    The London fire that killed scores of people last month could lead to gross property and liability insurance claims of 50 million pounds ($64.80 million), the company that had insured the property said. At least 80 people are dead, or missing and presumed dead, from the blaze that gutted the 24-storey Grenfell Tower block on June 14, and the final toll may not be known until next year, British police have said. Norway's Protector Forsikring (LSE: 0JXF.L - news) is the insurance provider for the building's owner, the Royal Borough of Kensington and Chelsea.

  • Reuters - UK Focus7 months ago

    Aviation insurers launch Brexit continuity clause-UK trade body

    Aviation insurers have launched a model contract continuation clause to keep policies in place after Britain leaves the European Union, trade body the International Underwriting Association said on Monday. Britain and the EU hold Brexit talks on Monday and Britain is due to leave the EU in March 2019.

  • Reuters - UK Focus7 months ago

    Property insurer expects London fire payouts to exceed 25 mln stg

    This week's fire in a 24-storey block of flats in London is expected to cost property insurers more than 25 million pounds ($31.8 million), Norwegian insurer Protector Forsikring (LSE: 0JXF.L - news) told Reuters on Thursday. The company expects the cost to be covered mainly by its reinsurance program. The Norwegian company wrote the insurance policy for the Grenfell Tower building, where authorities have confirmed 12 deaths following Wednesday's fire.

  • Investment income holds off disaster losses for Munich Re
    AFP8 months ago

    Investment income holds off disaster losses for Munich Re

    Improving investment returns helped reinsurer Munich Re weather big disaster payouts in the first quarter

  • Reuters - UK Focus9 months ago

    European shares fall as ECB stands pat, banks drop

    European shares fell from 20-month highs on Thursday as weaker banks weighed, with the broader market little moved by a widely expected European Central Bank decision to stand pat on policy. The pan-European ...

  • Reuters - UK Focus9 months ago

    Banks drag European shares down from 20-month highs

    European shares retreated from 20-month highs on Thursday with financials and commodity-related stocks the main drag on the benchmark index. The pan-European STOXX 600 index was down 0.4 percent in early ...

  • Reuters - UK Focus10 months ago

    EU watchdog to cut interest rate for insurer liabilities from 2018

    A European Union watchdog will cut an interest rate used to price liabilities at euro zone insurers such as Munich Re, AXA (Paris: FR0000120628 - news) and Allianz (Swiss: ALV-EUR.SW - news) , a step that could mean some firms having to hold more capital. The European Insurance and Occupational Pensions Authority (EIOPA) said on Wednesday it would reduce the theoretical interest rate known as the ultimate forward rate (UFR), used to discount an insurer's liabilities over time. Insurers have work out their liabilities from policies going forward up to 60 years, but there are no reliable euro market interest rates extending beyond 20 years, hence the need for regulators to compile an extrapolated rate covering the 40-year gap.

  • Reuters - UK Focus10 months ago

    Insurer Munich Re expects lower profit in 2017, shares fall

    LONDON/MUNICH, March 15 (Reuters) - German reinsurer Munich Re expects a lower profit in 2017 than last year as prices remain weak and it invests in technology, it said on Wednesday, sending its shares towards the bottom of the blue-chip DAX index. "We haven't seen the bottom (of the market) yet," Chief (Taiwan OTC: 3345.TWO - news) Executive Nikolaus von Bomhard told a news conference.

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