- Munich Re revised its full-year insurance revenue forecast to EUR 62 billion, down from a previous forecast of EUR 64 billion, and below the market estimate of EUR 63.5 billion.
- The forecast for reinsurance insurance revenue was adjusted to EUR 40 billion from an earlier expectation of EUR 42 billion.
- The company maintains its profit target at EUR 6 billion, which is slightly less than the market expectation of EUR 6.06 billion.
- Second quarter return on investment stands at +3%, compared to +3.2% the previous year.
- Return on equity improved significantly to 25.5%, up from 20.2% year-over-year.
- Reinsurance profit for the second quarter was EUR 1.83 billion.
- Earnings per share (EPS) rose to EUR 15.94 from EUR 11.99 the previous year, surpassing the estimate set at EUR 13.56.
- Munich Re stated that other targets for 2025, as communicated in its Group Annual Report 2024, remain unchanged.
- July renewals focused on profitability and portfolio optimization resulted in a price decrease of 2.5% and a volume decrease of 3.2%.
A look at Muenchener Rueckversicherungs- Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the long-term outlook for Muenchener Rueckversicherungs, also known as MunichRe, the Smartkarma Smart Scores provide insight into key aspects of the company’s performance. With a strong score of 5 in Growth, MunichRe is well-positioned for future expansion and development. Additionally, scoring a 4 in both Dividend and Resilience, the company shows stability and a commitment to rewarding its investors.
Furthermore, MunichRe’s Momentum score of 4 indicates positive market sentiment and an upward trend in performance. Although the Value score comes in at 3, suggesting room for improvement in terms of market valuation, the overall outlook for MunichRe appears optimistic based on the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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