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Munchener Ruckversicherungs-Gesellschaft AG (FRA:MUV2) Fees and Other Income : €-2,452 Mil (As of Dec. 2023)


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What is Munchener Ruckversicherungs-Gesellschaft AG Fees and Other Income?

Fees and other income is the income earned by insurance companies other than providing insurances. Munchener Ruckversicherungs-Gesellschaft AG's fees and other income for the three months ended in Dec. 2023 was €-2,464 Mil. Its fees and other income for the trailing twelve months (TTM) ended in Dec. 2023 was €-2,452 Mil.

Munchener Ruckversicherungs-Gesellschaft AG's quarterly fees and other income increased from Jun. 2023 (€44 Mil) to Sep. 2023 (€113 Mil) but then declined from Sep. 2023 (€113 Mil) to Dec. 2023 (€-2,464 Mil).

Munchener Ruckversicherungs-Gesellschaft AG's annual fees and other income increased from Dec. 2021 (€819 Mil) to Dec. 2022 (€4,822 Mil) but then declined from Dec. 2022 (€4,822 Mil) to Dec. 2023 (€-880 Mil).


Munchener Ruckversicherungs-Gesellschaft AG Fees and Other Income Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Fees and Other Income 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.

* Premium members only.

Munchener Ruckversicherungs-Gesellschaft AG Fees and Other Income Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Fees and Other Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 315.00 504.00 819.00 4,822.00 -880.00

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
Fees and Other Income 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 -1,340.00 -145.00 44.00 113.00 -2,464.00

Munchener Ruckversicherungs-Gesellschaft AG Fees and Other Income Calculation

Income earned by insurance companies other than providing insurances. It includes investing income, fees and interest income.

Fees and Other Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2,452 Mil.

* 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.


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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