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Munchener Ruckversicherungs-Gesellschaft AG (FRA:MUV2) Balance Sheet Cash And Cash Equivalents : €8,570 Mil (As of Dec. 2023)


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What is Munchener Ruckversicherungs-Gesellschaft AG Balance Sheet Cash And Cash Equivalents?

Munchener Ruckversicherungs-Gesellschaft AG's quarterly cash and cash equivalents declined from Jun. 2023 (€5,845 Mil) to Sep. 2023 (€5,514 Mil) but then increased from Sep. 2023 (€5,514 Mil) to Dec. 2023 (€8,570 Mil).

Munchener Ruckversicherungs-Gesellschaft AG's annual cash and cash equivalents increased from Dec. 2021 (€8,776 Mil) to Dec. 2022 (€9,326 Mil) but then declined from Dec. 2022 (€9,326 Mil) to Dec. 2023 (€8,570 Mil).


Munchener Ruckversicherungs-Gesellschaft AG Balance Sheet Cash And Cash Equivalents Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Balance Sheet Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Munchener Ruckversicherungs-Gesellschaft AG Balance Sheet Cash And Cash Equivalents Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Balance Sheet Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,614.00 9,056.00 8,776.00 9,326.00 8,570.00

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Balance Sheet Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,326.00 5,815.00 5,845.00 5,514.00 8,570.00

Munchener Ruckversicherungs-Gesellschaft AG Balance Sheet Cash And Cash Equivalents Calculation

Cash and cash equivalents on banks book.


Munchener Ruckversicherungs-Gesellschaft AG (FRA:MUV2) Business Description

Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.

Munchener Ruckversicherungs-Gesellschaft AG (FRA:MUV2) Headlines

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