GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Munchener Ruckversicherungs-Gesellschaft AG (OTCPK:MURGY) » Definitions » Other Net Income (Loss)

MURGY (Munchener Ruckversicherungs-Gesellschaft AG) Other Net Income (Loss) : $-4 Mil (TTM As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Munchener Ruckversicherungs-Gesellschaft AG Other Net Income (Loss)?

Munchener Ruckversicherungs-Gesellschaft AG's Other Net Income (Loss) for the three months ended in Sep. 2024 was $-2 Mil. Its Other Net Income (Loss) for the trailing twelve months (TTM) ended in Sep. 2024 was $-4 Mil.

Munchener Ruckversicherungs-Gesellschaft AG's quarterly Other Net Income (Loss) increased from Mar. 2024 ($-1 Mil) to Jun. 2024 ($-1 Mil) but then declined from Jun. 2024 ($-1 Mil) to Sep. 2024 ($-2 Mil).

Munchener Ruckversicherungs-Gesellschaft AG's annual Other Net Income (Loss) declined from Dec. 2021 ($3 Mil) to Dec. 2022 ($1 Mil) and declined from Dec. 2022 ($1 Mil) to Dec. 2023 ($-1 Mil).


Munchener Ruckversicherungs-Gesellschaft AG Other Net Income (Loss) Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Other Net Income (Loss) 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 Other Net Income (Loss) Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Net Income (Loss)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.22 -1.22 3.39 1.06 -1.09

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Other Net Income (Loss) 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 1.07 - -1.09 -1.08 -2.22

Munchener Ruckversicherungs-Gesellschaft AG Other Net Income (Loss) Calculation

Different companies can and do choose to report each of income statement items separately. Yet, there are a variety of items which are simply too numerous to list. Therefore GuruFocus uses a standardized financial statement format for all companies. Other Net Income (Loss) may include but is not limited to items such as net income (loss) from discontinuing operations, extraordinary, earnings from equity interest net of tax, etc. After-tax income and Other Net Income (Loss) together constitute Net Income Including Noncontrolling Interests.

Other Net Income (Loss) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4 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 Other Net Income (Loss) Related Terms

Thank you for viewing the detailed overview of Munchener Ruckversicherungs-Gesellschaft AG's Other Net Income (Loss) provided by GuruFocus.com. Please click on the following links to see related term pages.


Munchener Ruckversicherungs-Gesellschaft AG Business Description

Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl von Thieme amid a flurry of other reinsurance companies set up independent of primaries. Then, most reinsurers typically focused on a few customers with strong reputations. Thieme focused 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 von Thieme and Wilhelm von Finck 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.