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1 Comment
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München is currently in a long term downtrend where the price is trading 4.6% below its 200 day moving average.
From a valuation standpoint, the stock is 98.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.6.
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München's total revenue rose by 7.9% to $16B since the same quarter in the previous year.
Its net income has dropped by 4.2% to $207M since the same quarter in the previous year.
Based on the above factors, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München gets an overall score of 2/5.
ISIN | DE0008430026 |
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Sector | Financial Services |
Industry | Insurance - Reinsurance |
Exchange | F |
CurrencyCode | EUR |
Beta | 0.7 |
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Market Cap | 79B |
PE Ratio | 14.07 |
Target Price | 553.0812 |
Dividend Yield | None |
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It operates through five segments: Life and Health Reinsurance, Property-Casualty Reinsurance, 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, telematics, electric vehicle insurance, and SiTao consulting; infrastructure risk; property insurance, location risk, insurance linked securities, and NatCatSERVICE for natural catastrophe loss database; specialty reinsurance; 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 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.
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