Munchener Ruckversicherungs-Gesellschaft AG MURGF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Munich Re Expects to Beat 1Q Net Profit Forecast After Strong Start to Year
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Munich Re 4Q Profit Fell, Beat Expectations
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Munich Re Plans to Launch $1.62 Billion Buyback Program, Raise Dividend
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Insurance Sector Losses in 2023 Driven by Destructive Thunderstorms, Munich Re Says
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Munich Re Targets Higher Profit in 2024, in Line With Expectations
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Munich Re Posts Higher Profit
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Munich Re Raises Guidance After 3Q Profit Beat Forecasts
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Munich Re Profit Falls Short of Expectations; Backs 2023 Guidance
Trading Information
- Previous Close Price
- $450.48
- Day Range
- $461.93–474.30
- 52-Week Range
- $347.25–493.33
- Bid/Ask
- $0.01 / $8,027.79
- Market Cap
- $63.84 Bil
- Volume/Avg
- 63 / 206
Key Statistics
- Price/Earnings (Normalized)
- 13.16
- Price/Sales
- 1.00
- Dividend Yield (Trailing)
- 2.68%
- Dividend Yield (Forward)
- 3.44%
- Total Yield
- 4.50%
Company Profile
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
- Sector
- Financial Services
- Industry
- Insurance - Reinsurance
- Stock Style Box
- Large Core
- Total Number of Employees
- 42,812
- Website
- https://www.munichre.com
Competitors
Valuation
|
Metric
|
MURGF
|
HNR1
|
SREN
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.16 | 16.95 | 10.69 |
Price/Book Value | 1.95 | 2.71 | 2.16 |
Price/Sales | 1.00 | 24.31 | 0.69 |
Price/Cash Flow | 7.67 | 87.98 | 13.99 |
Price/Earnings
MURGF
HNR1
SREN
Financial Strength
|
Metric
|
MURGF
|
HNR1
|
SREN
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 19.70 | 12.52 | 8.98 |
Quick Ratio
No chart available
Profitability
|
Metric
|
MURGF
|
HNR1
|
SREN
|
|---|---|---|---|
Return on Assets (Normalized) | 1.73% | 2.83% | 1.83% |
Return on Equity (Normalized) | 16.53% | 19.22% | 23.32% |
Return on Invested Capital (Normalized) | 14.83% | 15.57% | 10.47% |
Return on Assets
MURGF
HNR1
SREN
Insurance - Reinsurance Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
MURGY
| Munchener Ruckversicherungs-Gesellschaft AG ADR | Tflycxy | Vxqhm | $60.9 Bil | |
SSREF
| Swiss Re AG | — | Bmysc | $31.6 Bil | |
SSREY
| Swiss Re AG ADR | Rncvnrgb | Htpp | $31.6 Bil | |
HVRRF
| Hannover Rueck SE | Npmfbfqx | Csls | $30.0 Bil | |
HVRRY
| Hannover Rueck SE ADR | Jgvmmmyw | Kjgbd | $29.7 Bil | |
EG
| Everest Group Ltd | — | Pcyfp | $15.9 Bil | |
RGA
| Reinsurance Group of America Inc | — | Kjhrq | $12.6 Bil | |
RNR
| RenaissanceRe Holdings Ltd | Fgwhzzzp | Nnvd | $11.6 Bil | |
SCRYY
| SCOR SE ADR | Kdswvgpw | Gsgyf | $5.8 Bil |