Munchener Ruckversicherungs-Gesellschaft AG (FRA:MUV2) Expense Ratio % : 0.00% (As of . 20)

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What is Munchener Ruckversicherungs-Gesellschaft AG Expense Ratio %?

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It indicates the efficiency of the insurance company before considering its claims and investment gains or losses.

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

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

Munchener Ruckversicherungs-Gesellschaft AG Expense Ratio % Historical Data

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

Munchener Ruckversicherungs-Gesellschaft AG (FRA:MUV2) Expense Ratio % Calculation

Expense Ratio % is calculated as:

Expense Ratio %

Expenses of Acquiring, Underwriting and Servicing Premiums

Net Premium Earned

100%

Munchener Ruckversicherungs-Gesellschaft AG (FRA:MUV2) Expense Ratio % Explanation

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It can be used to make comparisons between insurance companies as well as measure their performance. An expense ratio below 100% suggests that the premiums an insurance company earned or wrote are more than the expenses it paid to support those premiums.

However, we should keep in mind that the ratio does not indicate an ending profitability. The overall profit is also influenced by the claims, investment gains or losses and other income. The ratio can be combined with Claims Ratio % and Combined Ratio % to get an overall performance of an insurance company.

Munchener Ruckversicherungs-Gesellschaft AG Expense Ratio % Related Terms

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

Industry

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

Comparable Companies

Traded in Other Exchanges

MURGY:USA MURGF:USA MUV2:Italy MUV2d:UK 0KFE:UK MUV2:Germany MUVB:Germany MUV2:Germany MUV2:Germany MUVB: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 (FRA:MUV2) Headlines

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