Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München revenue and financials

MUV2 · Xetra · EUR

€514.60+0.51%+€2.60

Close · October 7, 2026

In the fiscal year ended December 2025, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München reported revenue of €62.31B (−3.28% year over year). Net income was €6.12B, a net margin of 9.8%.

Annual revenue · 2025: €62.31B
  1. €57.55B2022
  2. €59.52B2023
  3. €64.42B2024
  4. €62.31B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−3.28%
2025 vs 2024
Net income growth
+7.26%
2025 vs 2024
Net margin
9.8%
2024: 8.9%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets284,927281,932279,934279,128275,688282,616286,442280,007276,052275,704273,793264,698
Cash and equivalents5,8195,6005,4635,4295,3235,4936,0506,5245,5406,0525,5005,514
Short-term investments170,261—170,700—171,381———————
Inventory8.06.06.09.011.0———————
Net property, plant and equipment2,0602,0214,8282,0231,9301,9964,4801,5401,5891,5804,3181,378
Goodwill4,9394,9314,8004,7053,1813,3513,4433,3043,3863,2153,1843,275
Other intangible assets1,1651,1721,1421,207842———————
Long-term investments225,521222,799222,834222,372219,594———————
Long-term debt7,8067,5187,8487,4046,7616,3206,9906,2117,7024,7755,8914,763
Total debt7,3917,5187,4347,4046,109———————
Total liabilities251,200247,315246,514246,714244,925———————
Total equity (incl. minority)33,72734,61633,42032,41430,76333,31132,90131,42430,69631,22729,77227,645
Retained earnings26,41027,85826,63726,18724,53125,71224,97824,36724,07024,68522,51222,373
Minority interest166177173173179173104120117119122129