Munich Reinsurance (MUV2N) Stock Price & Analysis
MUV2N Stock Chart & Stats
- Day’s Range
- MXN 11,327.43 - MXN 11,327.43
- 52-Week Range
- MXN 10,723.00 - MXN 12,288.02
- Previous Close
- MXN 11,327.43
- Volume
- 0
- Average Volume (3M)
- 0
- Market Cap
- MXN 1.50T
- Enterprise Value
- MXN 69.38B
- Total Cash (Recent Filing)
- MXN 5.82B
- Total Debt (Recent Filing)
- MXN 7.39B
- Price to Earnings (P/E)
- 10.6
- Beta
- -0.03
- Next Earnings
- Nov 12, 2026 (Est.)
- EPS Estimate
- 237.1
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 4.57%
Bulls Say, Bears Say
Bulls Say
Strong Profitability And Returns
High profitability and a 23% ROE indicate that Munich Re is converting underwriting, investment, and risk-management capabilities into strong shareholder returns. Results already exceeding the long-term target provide a durable earnings base and support continued reinvestment and capital distributions.
Very Strong Solvency And Capital Flexibility
A 304% solvency ratio gives Munich Re a substantial buffer above regulatory requirements and supports resilience through volatile claims periods. This financial strength also enables the group to maintain underwriting capacity, pursue attractive opportunities, and return capital without weakening its strategic flexibility.
Diversified Future Earnings Base
The large Life & Health contractual service margin and strong technical result provide visibility into future earnings beyond the current reporting period. Combined with GSI and ERGO contributions, this diversification reduces reliance on any single reinsurance segment or loss experience.
Bears Say
Lower Reinsurance Revenue Guidance
The guidance reduction signals weaker near-term top-line contribution from reinsurance, particularly in P&C. Although disciplined underwriting protects expected profitability, lower volumes can reduce operating scale and make it harder for the group to sustain growth targets if market conditions remain less attractive.
Rising Normalized P&C Loss Ratios
The increase in the normalized combined ratio indicates that reported P&C profitability is benefiting from unusually low major losses and reserve effects. As renewal earn-in and portfolio mix changes continue, higher underlying loss costs could pressure underwriting margins and earnings quality.
Renewal Volume And Pricing Pressure
Lower renewal volumes and negative reported pricing create a structural headwind for premium growth, especially where Munich Re is reducing capacity or avoiding inadequate terms. Persistent market softening could constrain future revenue even when underwriting discipline preserves risk-adjusted margins.
Munich Reinsurance News
MUV2N FAQ
What was Munich Reinsurance’s price range in the past 12 months?
What is Munich Reinsurance’s market cap?
When is Munich Reinsurance’s upcoming earnings report date?
How were Munich Reinsurance’s earnings last quarter?
Is Munich Reinsurance overvalued?
Does Munich Reinsurance pay dividends?
What is Munich Reinsurance’s EPS estimate?
How many shares outstanding does Munich Reinsurance have?
What happened to Munich Reinsurance’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Munich Reinsurance?
What is the TipRanks Smart Score and how is it calculated?
Munich Reinsurance Stock Smart Score
Company Description
Munich Reinsurance
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. The company operates through six segments: Life and Health Reinsurance, Property-Casualty Reinsurance, Global Specialty Insurance, ERGO Life and Health Germany, ERGO Property-Casualty Germany, and ERGO International. The company offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, data analytics, underwriting and claims, medical research, capital management, and health market, as well as MIRA digital suite that includes MIRA PoS, MIRApply insured and physician, claims risk assessment, and CLARA plus. It also provides property and casualty reinsurance solutions, including agricultural reinsurance; business advisory, personal lines, portfolio management, insurance consulting, commercial motor consulting; infrastructure risk; property insurance, location risk, insurance linked securities, and NatCatSERVICE for natural catastrophe loss database; prospective structured and retroactive reinsurance; risk transfer; cyber; and data analytics, REALYTIX ZERO, and cert2go. In addition, the company offers solutions for industry clients, such as corporate risk, new tech, green tech, parametric, and aviation and space solutions, as well as risk services. Further, it provides specialty property casualty insurance, such as professional liability, marine, cyber, aviation, and space for commercial and private customers. Additionally, the company offers life, property-casualty, health, legal protection, and travel insurance products under the ERGO brand; and insurance solutions for agriculture, captive, epidemic, cyber, and renewable energy sectors. The company was founded in 1880 and is based in Munich, Germany.
- Sector
- General
- Industry
- Insurance - Reinsurance
- CEO
- Christoph Jurecka
- Employees
- 44,595
- Website
- www.munichre.com
- Address
- Königinstrasse 107, Munich, BY, 80802, DE
Munich Reinsurance (MUV2N) Earnings & Revenues
MUV2N Earnings Call
Earnings Call SentimentPositive
The call presents strong financial and operating performance across multiple areas (net income, ROE, investment returns, Life & Health technical results, GSI and ERGO contributions, and a very strong solvency position). These positives are moderated by meaningful near-term reinsurance market headwinds: a EUR 2 billion reduction in reinsurance revenue guidance, rising normalized P&C combined ratios (around 82% and trending up), volume declines in July renewals (≈-9%) and reliance on favorable loss experience and markets. Management emphasizes disciplined underwriting, capital strength and diversification to manage the cycle and preserve earnings targets. On balance, the company appears well positioned but faces clear near-term top-line and P&C margin challenges that are being actively managed.
View all MX:MUV2N earnings summariesMUV2N Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 2 | 3 |
| Technical Analysis | 2 | 2 | 3 |
| Moving Averages | 12 | 0 | 0 |










