GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2) » Definitions » Total Equity

Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2) Total Equity : €29,771 Mil (As of Dec. 2023)


View and export this data going back to 1880. Start your Free Trial

What is Munchener Ruckversicherungs-Gesellschaft AG Total Equity?

Munchener Ruckversicherungs-Gesellschaft AG's total equity for the quarter that ended in Dec. 2023 was €29,771 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.


Munchener Ruckversicherungs-Gesellschaft AG Total Equity Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Total Equity 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 Total Equity Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,576.00 29,994.00 30,945.00 27,245.00 29,771.00

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
Total Equity 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 27,245.00 28,181.00 27,437.00 27,645.00 29,771.00

Munchener Ruckversicherungs-Gesellschaft AG Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Munchener Ruckversicherungs-Gesellschaft AG's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=273793-244022
=29,771

Munchener Ruckversicherungs-Gesellschaft AG's Total Equity for the quarter that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=273793-244022
=29,771

* 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 Total Equity Related Terms

Thank you for viewing the detailed overview of Munchener Ruckversicherungs-Gesellschaft AG's Total Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
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.
Executives
Dr. Markus Rieß Board of Directors
Dr. Achim Kassow Board of Directors
Stefan Golling Board of Directors
Gerd Rolf Häusler Supervisory Board
Dr. Christoph Jurecka Board of Directors
Dr. Thomas Blunck Board of Directors
Dr. Torsten Jeworrek Board of Directors
Dr. Joachim Wenning Board of Directors

Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2) Headlines

No Headlines