Munich Re
Provides reinsurance and insurance solutions globally across life, health, property and casualty risks, operating through both reinsurance and the ERGO retail insurance brand.
As of Jul 17, 2026
Executive summary
Munich Re is a German reinsurance and insurance company with a market capitalisation of €65.5 billion. The stock shows a bullish technical bias and has gained 11.0% over the past month, though it remains down 5.8% year-on-year at its current price of €515.60.
Price history
As of Jul 17, 2026
Performance
+0.66%
+2.38%
+10.95%
-4.76%
-3.91%
-5.82%
As of Jul 17, 2026
Technical indicators
- 69.5
- 1.61Bullish
- 50: 476.93 · 200: 505.93
- €437.40 / €513.40
Technical Bias
Bullish lean
Munich Re's technical indicators show mixed momentum: MACD is bullish, but RSI at 69.5 sits in overbought territory and the 50-day moving average trails the 200-day, suggesting caution despite the overall bullish tally. This is a derived technical read, not investment advice.
A transparent read of the indicators below — not a prediction or recommendation.
As of Jul 17, 2026
Fundamentals
- €65.5B
- 9.8
- €52.24
- 10.97%
- -6.0%
- €1.10B
- 0.33
- €437.40 – €583.92
- 4.72%
- Apr 30, 2026
- Aug 7, 2026 (20 days)
As of Jul 17, 2026
Upcoming catalysts
- Earnings report
- Earnings report
As of Jul 17, 2026
Latest news
As of Jul 17, 2026
Short-term outlook
Munich Re has climbed 11% over the past month, and the MACD's bullish reading backs up that momentum, though an RSI near 69.5 suggests the stock is edging toward overbought territory. With price still below the 200-day average of €505.93, resistance at €513.40 looks like the level to watch, while €437.40 marks the nearest support if momentum cools before the August 7, 2026 earnings date.
Medium-term outlook
Munich Re trades on a modest P/E of 9.8, with a solid 11.0% profit margin and a 4.7% dividend yield offering some income support despite the 6.0% year-on-year revenue decline. With the technical bias leaning bullish, the next few quarters could see the stock continue to be viewed as a reasonably valued, income-generating name within the financial services sector, provided profitability holds up.
Key risks
- Revenue fell 6.0% year on year, which points to some softness in underlying business volumes even as margins hold up.
- Recent analyst target cuts suggest sentiment on Munich Re may be turning less favourable, which can weigh on the shares near term.
- The stock trades well below its 52-week high of €583.92 at €515.60, showing it has already given back some gains and remains sensitive to further reappraisal.
- As a reinsurer, Munich Re's results depend heavily on claims trends and reinsurance programme renewals across the industry, an area where outcomes can shift from year to year.
About Munich Re
Munich Re is one of the world's largest reinsurers, providing risk cover to insurance companies across life, health and property and casualty lines. Based in Germany and listed on the XETRA exchange under the ticker MUV2, the company sits within the broader financial services sector, specifically the reinsurance industry, where scale and underwriting discipline are key competitive advantages. With a market capitalisation of €65.5 billion, Munich Re ranks among the sector's heavyweights.
The company's key figures reflect a business valued modestly relative to its earnings, with a price-to-earnings ratio of 9.8, suggesting shares trade at a low multiple compared to many broader market peers. Its dividend yield of +4.7% points to a meaningful income return for shareholders, a common trait among established reinsurers with steady cash generation. Together, these figures describe a large, mature company balancing valuation and shareholder returns.
AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk.