Munchener Ruckversicherungs-Gesellschaft AG (MIL:1MUV2) Combined Ratio % : 0.00% (As of . 20)

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What is Munchener Ruckversicherungs-Gesellschaft AG Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

The historical rank and industry rank for Munchener Ruckversicherungs-Gesellschaft AG's Combined Ratio % or its related term are showing as below:

MIL:1MUV2's Combined Ratio % is not ranked ^*
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Munchener Ruckversicherungs-Gesellschaft AG Combined Ratio % Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Combined Ratio % 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 Combined Ratio % Chart

Munchener Ruckversicherungs-Gesellschaft AG (MIL:1MUV2) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %

( Incurred Losses

Expenses )

Earned Premium

100%

Munchener Ruckversicherungs-Gesellschaft AG (MIL:1MUV2) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.

Munchener Ruckversicherungs-Gesellschaft AG Combined Ratio % Related Terms

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Munchener Ruckversicherungs-Gesellschaft AG (MIL:1MUV2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Munchener Ruckversicherungs-Gesellschaft AG (MIL:1MUV2) » Definitions » Combined Ratio %

Comparable Companies

Traded in Other Exchanges

MURGY:USA MURGF:USA MUV2d:UK 0KFE:UK MUV2:Germany

Address

Koniginstrasse 107, Munich, BY, DEU, 80802

Website

https://www.munichre.com

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 (MIL:1MUV2) Headlines

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