Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  Muenchener Rueckversicherung    MUV2   DE0008430026

MUENCHENER RUECKVERSICHERUNG (MUV2)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Munich Re : Harvey, Irma Could Threaten 2017 Profit Goal, 3Q Loss Likely

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/14/2017 | 08:11am CEST
   By Ulrike Dauer 
 

Germany's Munich Re AG (MUV2.XE), the world's largest reinsurer, said late Wednesday it could miss its 2017 profit target because of a high bill for insurers and reinsurers caused by Hurricanes Harvey and Irma.

Munich Re said it would likely report a loss for the third quarter. For the full year, it previously guided for an aftertax profit, including minorities, of between EUR2.0 billion and EUR2.4 billion ($2.4 billion to $2.86 billion).

It also said reinsurers and insurers aren't yet able to quantify the impact of the two hurricanes.

Munich Re said its capital base remains solid even after the storms.

Write to Ulrike Dauer at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MUENCHENER RUECKVERSICHERU
06/22MUENCHENER RUECKVERSICHERUNG : Munich Re CEO says wants to strengthen asset mana..
RE
06/22NEW SOLUTIONS FOR FUTURE OF MANUFACT : MHP, KUKA, Munich Re Present SmartFactory..
AQ
06/21MUENCHENER RUECKVERSICHERUNG : Munich Re in talks to sell MEAG to Guggenheim - s..
RE
06/21MUENCHENER RUECKVERSICHERUNG : Guggenheim, Munich Re Talk Deal -- WSJ
DJ
06/21AMERICAN INTERNATIONAL : Aig buys uk life insurance business from munich re
AQ
06/20MUENCHENER RUECKVERSICHERUNG : Guggenheim in Talks to Buy Asset-Management Opera..
DJ
06/20MUENCHENER RUECKVERSICHERUNG : Guggenheim in Talks to Buy Asset-Management Opera..
DJ
06/19MÜNCHENER RÜCKVERSICHERUNGS-GESELLSC : Release of a capital market information
EQ
06/19MÜNCHENER RÜCKVERSICHERUNGS-GESELLSC : Notification and public disclosure of tra..
EQ
06/19MÜNCHENER RÜCKVERSICHERUNGS-GESELLSC : Notification and public disclosure of tra..
EQ
More news
News from SeekingAlpha
06/08ADMIRAL : 5.9% Yield Is Attractive For Income Investors 
05/11Muenchener Rueckver Ges' (MURGF) Q1 2018 Results - Earnings Call Transcript 
05/08Muenchener Rueckver Ges reports Q1 results 
04/07Expectations Seem Low For Swiss Re, But Not Without Cause 
03/15Muenchener Rueckver Ges reports FY results 
Financials (€)
Sales 2018 50 200 M
EBIT 2018 3 921 M
Net income 2018 2 532 M
Debt 2018 -
Yield 2018 5,11%
P/E ratio 2018 10,67
P/E ratio 2019 9,69
Capi. / Sales 2018 0,54x
Capi. / Sales 2019 0,53x
Capitalization 26 887 M
Chart MUENCHENER RUECKVERSICHERU
Duration : Period :
Muenchener Rueckversicheru Technical Analysis Chart | MUV2 | DE0008430026 | 4-Traders
Technical analysis trends MUENCHENER RUECKVERSICHERU
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 204 €
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Joachim Wenning Chief Executive Officer
Bernd Pischetsrieder Chairman-Supervisory Board
Jörg Schneider Chief Financial Officer
Henning Kagermann Member-Supervisory Board
Ron Sommer Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
MUENCHENER RUECKVERSICHERUNG-0.53%31 333
HANNOVER RÜCKVERSICHERUNG3.62%15 277
EVEREST RE GROUP3.95%9 426
VALIDUS HOLDINGS, LTD.44.31%5 371
RENAISSANCERE HOLDINGS LTD.-2.36%4 935
IRB BRASIL RESSEGUROS SA43.78%3 988