Handelsavisen
prelaunch
Companies Financials MUV2.MI
MU
MUV2.MI Borsa Italiana Reinsurance

Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG

€446,60
Open in Charts → Attach watcher ⌖
EUR
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
4,35 %
Op margin
ROE
6,8 %
Net margin
Debt / equity
0,15
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG provides reinsurance services, primarily underwriting risks for insurance companies by offering financial protection against large-scale losses.

Business. Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG is a reinsurance company operating within the Financials sector. The firm generates revenue through a premium-income model, consistent with industry standards for reinsurance activities. It is headquartered in Munich and is primarily listed on the Borsa Italiana under the ticker MUV2.MI. Specific details regarding operating segments or geographic revenue mix are not provided in the available data.

Classification92 %
SectorFinancials
Business sectorInsurance
IndustryReinsurance
Generated · model-assisted
Sell-side consensus
HOLD21 analysts
8 buy10 hold3 sell
Avg 12m price target591,50

Analyst recommendations

21 analysts · consensus Hold
Buy8
Hold10
Sell3
12-month price target
591,50
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Hold
21 analysts · indicative
Ownership
not yet wired
Profitability
6,8 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning MUV2.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to MUV2.MI. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG is a reinsurance company operating within the Financials sector. The firm generates revenue through a premium-income model, consistent with industry standards for reinsurance activities. It is headquartered in Munich and is primarily listed on the Borsa Italiana under the ticker MUV2.MI. Specific details regarding operating segments or geographic revenue mix are not provided in the available data.

    Classification92 %
    SectorFinancials
    Business sectorInsurance
    IndustryReinsurance
    AI synthesis
    GENERATED

    Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG maintains a strong liquidity position, with cash and equivalents amounting to EUR 6.05 billion, representing 19.4% of total assets. The company's liquidity FPT (free cash flow to total debt) is robust, indicating a low liquidity risk. The debt-to-equity ratio of 0.15 suggests a conservative capital structure, with long-term debt at EUR 4.78 billion compared to total equity of EUR 31.11 billion.

    The company's profitability is reflected in its return on equity (ROE) of 6.8%, which is in line with the industry median for reinsurance firms. Return on assets (ROA) stands at 0.77%, which is slightly below the industry median, indicating that the company is generating returns on its asset base at a moderate pace. Operating income of EUR 2.61 billion and net income of EUR 2.12 billion highlight the company's ability to maintain profitability despite the volatile nature of the reinsurance sector.

    Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG operates primarily in the reinsurance segment, with no disclosed geographic revenue breakdown. The company's exposure is concentrated in the reinsurance market, where it provides underwriting services to insurance companies globally. There is no indication of significant geographic diversification in the available data.

    The company's growth trajectory is expected to remain stable, with no significant revenue growth or decline projected in the current or next fiscal year. The outlook for the reinsurance sector is generally stable, with moderate growth expected due to the cyclical nature of the industry. The company's operating income and net income have remained relatively consistent, indicating a stable performance over the past periods.

    The risk assessment for Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG indicates a low liquidity risk and a low dilution risk. There are no immediate filing-based liquidity or dilution flags, and the company's capital structure remains conservative. The dilution potential is low, with no significant changes in shares outstanding between basic and diluted shares. The company has not made any recent equity issuances or announced plans for future dilution.

    Recent events related to Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG include analyst estimates and price targets. The mean price target is EUR 591.50, with a median of EUR 593.10, and the high and low price targets are EUR 665.00 and EUR 500.00, respectively. Analysts have issued a total of 3 strong-buy, 5 buy, and 10 hold recommendations, indicating a generally positive outlook on the stock.

    Key takeaways
    • Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG maintains a conservative capital structure with a low debt-to-equity ratio of 0.15.
    • The company's return on equity of 6.8% is in line with the industry median, indicating solid profitability.
    • The company's liquidity position is strong, with cash and equivalents amounting to EUR 6.05 billion.
    • Analysts have a generally positive outlook on the stock, with a mean price target of EUR 591.50 and a median of EUR 593.10.
    • The company's growth trajectory is expected to remain stable, with no significant revenue growth or decline projected.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation FY

    Market price
    €446,60
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    €31.11B
    Net cash
    €1.28B
    Current ratio
    Debt / equity
    0.1
    ROA
    0.8%
    ROE
    6.8%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    51,09
    Predicted surprise
    -0,00
    Beat probability
    45 %
    Analysts
    21
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-04-27 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate51,09
    Revenueno estimateno estimate65,6B EUR
    Operating incomeno estimateno estimate8,7B EUR
    Full-year consensus mean (period as reported by source) · consensus in EUR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution21 analysts
    Strong buy3
    Buy5
    Hold10
    Sell3
    Strong sell0
    12-month price target€591,50 · Median €593,10
    Low €500,00High €665,00
    Operating income · consensus8,7B EUR
    EPS surprise
    −7,7 %
    reported vs consensus · miss
    Revenue surprise
    −7,9 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low€500,00
    Mean€591,50
    Median€593,10
    High€665,00
    Spot€446,60
    +32.4 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    ROE6,8 %Below median
    D/E0,15Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG Market data — financials · 2026-05-28
    • Muenchener Rueckversicherungs-Gesellschaft in Muenchen AG Market data — analyst estimates · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    MUV2.MICanonical
    Borsa Italiana · EUR

    Intel & risk

    PredictorBeat prob45 %Surprise-0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage