Münchener Rück AG
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
Münchener Rück AG (MUV2) - Total Assets
Latest total assets as of September 2025: €279.13 Billion EUR
Based on the latest financial reports, Münchener Rück AG (MUV2) holds total assets worth €279.13 Billion EUR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Münchener Rück AG - Total Assets Trend (2003–2024)
This chart illustrates how Münchener Rück AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Münchener Rück AG - Asset Composition Analysis
Current Asset Composition (December 2024)
Münchener Rück AG's total assets of €279.13 Billion consist of 2.1% current assets and 97.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €6.12 Billion | 3.2% |
| Accounts Receivable | €5.91 Billion | 2.1% |
| Inventory | €12.00 Million | 0.0% |
| Property, Plant & Equipment | €2.88 Billion | 1.0% |
| Intangible Assets | €893.00 Million | 0.3% |
| Goodwill | €3.44 Billion | 1.2% |
Asset Composition Trend (2003–2024)
This chart illustrates how Münchener Rück AG's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Münchener Rück AG's current assets represent 2.1% of total assets in 2024, a decrease from 18.0% in 2003.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, up from 0.9% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2003.
- Asset Diversification: The largest asset category is cash and equivalents at 3.2% of total assets.
Münchener Rück AG Competitors by Total Assets
Key competitors of Münchener Rück AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Reinsu
KO:003690
|
Korea | ₩13.18 Trillion |
|
Central Reinsurance Corp
TW:2851
|
Taiwan | NT$57.54 Billion |
|
MNRB Holdings Bhd
KLSE:6459
|
Malaysia | RM14.14 Billion |
|
American Overseas Group Ltd
PINK:AOREF
|
USA | $936.58 Million |
|
COMSTOCK HLDG-A
F:CHO
|
Germany | €2.09 Billion |
|
Conduit Holdings Limited
OTCGREY:CNDHF
|
USA | $2.09 Billion |
|
COFACE SA
PINK:COFAF
|
USA | $8.09 Billion |
|
Everest Group Ltd
NYSE:EG
|
USA | $62.51 Billion |
Münchener Rück AG - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Münchener Rück AG generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Münchener Rück AG generates $ 1.98 in net profit.
Münchener Rück AG - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.81 | 0.10 | 12.87 |
| Quick Ratio | 2.80 | 0.10 | 12.87 |
| Cash Ratio | 2.81 | 0.00 | 0.00 |
| Working Capital | €3.94 Billion | € -75.67 Billion | € 147.72 Billion |
Münchener Rück AG - Advanced Valuation Insights
This section examines the relationship between Münchener Rück AG's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.12 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | 4.6% |
| Total Assets | €286.51 Billion |
| Market Capitalization | $71.72 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Münchener Rück AG's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Münchener Rück AG's assets grew by 4.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Münchener Rück AG (2003–2024)
The table below shows the annual total assets of Münchener Rück AG from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €286.51 Billion | +4.65% |
| 2023-12-31 | €273.79 Billion | -8.30% |
| 2022-12-31 | €298.57 Billion | -4.43% |
| 2021-12-31 | €312.40 Billion | +4.85% |
| 2020-12-31 | €297.95 Billion | +3.61% |
| 2019-12-31 | €287.55 Billion | +6.43% |
| 2018-12-31 | €270.17 Billion | +1.67% |
| 2017-12-31 | €265.72 Billion | -0.78% |
| 2016-12-31 | €267.81 Billion | -3.15% |
| 2015-12-31 | €276.52 Billion | +1.30% |
| 2014-12-31 | €272.98 Billion | +7.35% |
| 2013-12-31 | €254.29 Billion | -1.58% |
| 2012-12-31 | €258.36 Billion | +4.35% |
| 2011-12-31 | €247.58 Billion | +4.75% |
| 2010-12-31 | €236.36 Billion | +5.79% |
| 2009-12-31 | €223.41 Billion | +3.71% |
| 2008-12-31 | €215.42 Billion | +0.54% |
| 2007-12-31 | €214.25 Billion | -0.75% |
| 2006-12-31 | €215.87 Billion | -1.06% |
| 2005-12-31 | €218.18 Billion | +1.83% |
| 2004-12-31 | €214.25 Billion | +2.56% |
| 2003-12-31 | €208.90 Billion | -- |