Muenchener Rueckver Ges
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 underwriti… Read more
Muenchener Rueckver Ges (MURGY) - Net Assets
Latest net assets as of September 2025: $32.41 Billion USD
Based on the latest financial reports, Muenchener Rueckver Ges (MURGY) has net assets worth $32.41 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($279.13 Billion) and total liabilities ($246.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $32.41 Billion |
| % of Total Assets | 11.61% |
| Annual Growth Rate | 2.43% |
| 5-Year Change | 9.17% |
| 10-Year Change | 5.75% |
| Growth Volatility | 14.37 |
Muenchener Rueckver Ges - Net Assets Trend (2003–2024)
This chart illustrates how Muenchener Rueckver Ges's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Muenchener Rueckver Ges (2003–2024)
The table below shows the annual net assets of Muenchener Rueckver Ges from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $32.74 Billion | +9.99% |
| 2023-12-31 | $29.77 Billion | +40.42% |
| 2022-12-31 | $21.20 Billion | -31.48% |
| 2021-12-31 | $30.95 Billion | +3.17% |
| 2020-12-31 | $29.99 Billion | -1.90% |
| 2019-12-31 | $30.58 Billion | +15.38% |
| 2018-12-31 | $26.50 Billion | -6.02% |
| 2017-12-31 | $28.20 Billion | -11.28% |
| 2016-12-31 | $31.78 Billion | +2.64% |
| 2015-12-31 | $30.96 Billion | +2.18% |
| 2014-12-31 | $30.30 Billion | +15.55% |
| 2013-12-31 | $26.23 Billion | -4.36% |
| 2012-12-31 | $27.42 Billion | +17.65% |
| 2011-12-31 | $23.31 Billion | +1.22% |
| 2010-12-31 | $23.03 Billion | +3.37% |
| 2009-12-31 | $22.28 Billion | +4.81% |
| 2008-12-31 | $21.26 Billion | -16.51% |
| 2007-12-31 | $25.46 Billion | -3.67% |
| 2006-12-31 | $26.43 Billion | +7.20% |
| 2005-12-31 | $24.65 Billion | +22.07% |
| 2004-12-31 | $20.20 Billion | +2.17% |
| 2003-12-31 | $19.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Muenchener Rueckver Ges's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2482200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $24.82 Billion | 76.05% |
| Common Stock | $7.42 Billion | 22.74% |
| Other Components | $397.00 Million | 1.22% |
| Total Equity | $32.64 Billion | 100.00% |
Muenchener Rueckver Ges Competitors by Market Cap
The table below lists competitors of Muenchener Rueckver Ges ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yealink Network Technology Corp Ltd
SHE:300628
|
$1.57 Billion |
|
Adient PLC
NYSE:ADNT
|
$1.57 Billion |
|
Amber Enterprises India Limited
NSE:AMBER
|
$1.58 Billion |
|
Eclat Textile Co Ltd
TW:1476
|
$1.58 Billion |
|
FRESHWORKS CL.A DL-00001
F:7DF
|
$1.57 Billion |
|
GRAIL, LLC
NASDAQ:GRAL
|
$1.57 Billion |
|
Hella KGaA Hueck & Co
XETRA:HLE
|
$1.57 Billion |
|
Unicaja Banco S.A
PINK:UNJCF
|
$1.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Muenchener Rueckver Ges's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,649,000,000 to 32,641,000,000, a change of 2,992,000,000 (10.1%).
- Net income of 5,685,000,000 contributed positively to equity growth.
- Dividend payments of 2,006,000,000 reduced retained earnings.
- Share repurchases of 1,437,000,000 reduced equity.
- Other comprehensive income increased equity by 597,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.68 Billion | +17.42% |
| Dividends Paid | $2.01 Billion | -6.15% |
| Share Repurchases | $1.44 Billion | -4.4% |
| Other Comprehensive Income | $597.00 Million | +1.83% |
| Other Changes | $153.00 Million | +0.47% |
| Total Change | $- | 10.09% |
Book Value vs Market Value Analysis
This analysis compares Muenchener Rueckver Ges's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.50x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.22x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $9.98 | $12.16 | x |
| 2004-12-31 | $8.59 | $12.16 | x |
| 2005-12-31 | $10.60 | $12.16 | x |
| 2006-12-31 | $11.40 | $12.16 | x |
| 2007-12-31 | $11.59 | $12.16 | x |
| 2008-12-31 | $10.44 | $12.16 | x |
| 2009-12-31 | $11.33 | $12.16 | x |
| 2010-12-31 | $12.29 | $12.16 | x |
| 2011-12-31 | $12.96 | $12.16 | x |
| 2012-12-31 | $15.30 | $12.16 | x |
| 2013-12-31 | $14.51 | $12.16 | x |
| 2014-12-31 | $17.44 | $12.16 | x |
| 2015-12-31 | $18.49 | $12.16 | x |
| 2016-12-31 | $19.70 | $12.16 | x |
| 2017-12-31 | $18.18 | $12.16 | x |
| 2018-12-31 | $17.73 | $12.16 | x |
| 2019-12-31 | $21.21 | $12.16 | x |
| 2020-12-31 | $21.31 | $12.16 | x |
| 2021-12-31 | $22.01 | $12.16 | x |
| 2022-12-31 | $19.44 | $12.16 | x |
| 2023-12-31 | $21.80 | $12.16 | x |
| 2024-12-31 | $24.43 | $12.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Muenchener Rueckver Ges utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.44%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 8.78x
- Recent ROE (17.42%) is above the historical average (9.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -2.25% | -0.94% | 0.22x | 10.83x | $-2.36 Billion |
| 2004 | 9.60% | 4.13% | 0.21x | 10.90x | $-78.50 Million |
| 2005 | 11.37% | 5.38% | 0.23x | 9.02x | $332.00 Million |
| 2006 | 13.56% | 7.05% | 0.23x | 8.32x | $924.40 Million |
| 2007 | 15.72% | 7.38% | 0.25x | 8.58x | $1.43 Billion |
| 2008 | 7.53% | 2.57% | 0.28x | 10.27x | $-517.60 Million |
| 2009 | 11.63% | 4.30% | 0.27x | 10.13x | $359.10 Million |
| 2010 | 10.67% | 4.11% | 0.25x | 10.37x | $151.70 Million |
| 2011 | 3.09% | 1.17% | 0.25x | 10.74x | $-1.59 Billion |
| 2012 | 11.73% | 5.33% | 0.23x | 9.51x | $469.90 Million |
| 2013 | 12.72% | 5.75% | 0.23x | 9.79x | $705.70 Million |
| 2014 | 10.50% | 5.59% | 0.21x | 9.09x | $148.70 Million |
| 2015 | 10.13% | 5.51% | 0.20x | 9.02x | $40.30 Million |
| 2016 | 8.19% | 4.63% | 0.21x | 8.50x | $-571.50 Million |
| 2017 | 1.34% | 0.68% | 0.21x | 9.49x | $-2.43 Billion |
| 2018 | 8.76% | 4.48% | 0.19x | 10.25x | $-326.90 Million |
| 2019 | 8.94% | 4.75% | 0.20x | 9.44x | $-321.90 Million |
| 2020 | 4.05% | 2.07% | 0.20x | 9.97x | $-1.78 Billion |
| 2021 | 9.51% | 4.59% | 0.20x | 10.13x | $-149.90 Million |
| 2022 | 19.61% | 13.38% | 0.13x | 11.02x | $2.60 Billion |
| 2023 | 15.54% | 11.61% | 0.14x | 9.23x | $1.64 Billion |
| 2024 | 17.42% | 13.44% | 0.15x | 8.78x | $2.42 Billion |
Industry Comparison
This section compares Muenchener Rueckver Ges's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $2,246,985,500
- Average return on equity (ROE) among peers: 10.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Muenchener Rueckver Ges (MURGY) | $32.41 Billion | -2.25% | 7.61x | $1.57 Billion |
| American Overseas Group Ltd (AOREF) | $45.88 Million | 20.49% | 18.04x | $3.88 Million |
| Conduit Holdings Limited (CNDHF) | $867.20 Million | -5.06% | 0.40x | $631.85 Million |
| COFACE SA (COFAF) | $2.05 Billion | 11.71% | 2.85x | $1.65 Billion |
| Everest Group Ltd (EG) | $6.10 Billion | 13.23% | 1.95x | $9.67 Billion |
| Greenlight Capital Re Ltd (GLRE) | $839.16 Million | 10.80% | 1.79x | $435.07 Million |
| GEROVA Financial Group Ltd (GVFG) | $71.50 Million | 0.47% | 0.62x | $5.00 |
| Hamilton Insurance Group, Ltd. (HG) | $2.05 Billion | 12.63% | 2.26x | $1.35 Billion |
| Hannover Rück SE (HVRRF) | $6.53 Billion | 13.71% | 7.26x | $18.13 Billion |
| Hannover Re (HVRRY) | $2.90 Billion | 20.80% | 13.28x | $2.89 Billion |
| Maiden Holdings Ltd (MHLD) | $1.02 Billion | 4.94% | 3.07x | $32.93 Million |