Munich Re logo

Munich Re

MUV2 · XETRA · Financial Services · €65.2B

Provides reinsurance and specialty insurance solutions globally, alongside the ERGO brand's direct insurance products for life, health, and property-casualty coverage.

Technical Bias: Neutral
€518.80+€0.80 (+0.15%)Delayed

As of Aug 31, 2026

Summary

Munich Re is a global reinsurance and insurance group providing risk solutions and underwriting capacity across multiple lines of business. The stock trades with a neutral technical bias at €518.00 per share, having shown modest gains today but flat performance over the past year. The company carries a market capitalisation of €65.2 billion, reflecting its position as one of the world's largest reinsurers.

Price history

Daily candles · adjusted close

As of Aug 28, 2026

Performance

1D

+0.15%

1W

+0.31%

1M

-0.92%

3M

+17.09%

YTD

-3.46%

1Y

-0.34%

As of Aug 28, 2026

Technical indicators

RSI (14)
54.3Neutral
MACD (12,26,9)
-0.9Bearish
Moving averages
50: 508.17 · 200: 504.5Bullish
Support / Resistance
€507.80 / €520.40

Technical Bias

Neutral

1 Bullish · 1 Bearish · 1 Neutral

Munich Re's technical setup presents a split signal. The 50-day moving average sits above the 200-day line, which typically suggests upward momentum, while the MACD indicator is showing weakness in the near term. The RSI sits near its midpoint, offering no clear directional tilt. This is a derived technical read showing neutral overall bias, not a recommendation.

A transparent read of the indicators below — not a prediction or recommendation.

As of Aug 28, 2026

Fundamentals

Market cap
€65.2B
P/E ratio
9.64
EPS
€53.75
Profit margin
11.16%
Revenue growth (YoY)
+1.3%
Free cash flow
€1.10B
Beta
0.33
52-week range
€437.40 – €549.37
Dividend yield
4.67%
Ex-dividend date
Apr 30, 2026
Next earnings
Nov 12, 2026 (72 days)

As of Aug 31, 2026

Upcoming catalysts

  • Earnings reportNov 12, 2026 · EPS estimate 10.15

As of Aug 31, 2026

Latest news

As of Aug 31, 2026

MonkeyTrade's Take on Munich Re

Our read on the signals above — informational, not a recommendation.

Short-term outlook

Munich Re's short-term setup leans mildly bullish but far from decisive: the 50 and 200-day averages both sit just under price, giving underlying support, yet MACD's bearish tilt and a flat RSI of 54.3 show momentum has stalled, consistent with the 1-month dip of 0.9%. A break above €520.40 would confirm the bullish case, while a slip through €507.80 support would tip things bearish. No earnings catalyst is imminent, with the next report not due until November 2026.

Medium-term outlook

Munich Re's numbers tell a story of solid, unglamorous value: a 9.64 P/E, 11.2% margins and a 4.7% dividend yield suggest the market is pricing in little growth despite the business staying profitable. With revenue growth barely ticking up at 1.3% and the technical picture flat, the next few quarters look like a holding pattern rather than a breakout. A pickup in premium growth would be the trigger that shifts this from steady-income play to something more compelling.

Key risks

  • Revenue growth of just 1.3% year on year is modest, and a slowdown here could weigh on sentiment given the stock trades close to the top of its 52-week range.
  • Munich Re's large long-term care reinsurance deal with Manulife, worth $3.2 billion, adds long-duration liability exposure that can be sensitive to changes in mortality, morbidity, and interest rate assumptions over time.
  • As a reinsurer, profitability is tied to claims experience and catastrophe losses, which can be volatile and are not fully visible in current margin figures.
  • With a low beta of 0.33, the stock tends to move independently of broader markets, which means company-specific developments, such as reinsurance treaty performance, may have an outsized effect on the share price relative to market-wide swings.

About Munich Re

Munich Re is one of the world's largest reinsurance companies, providing cover to primary insurers against large-scale and complex risks. Listed on Xetra under the ticker MUV2, it sits within the financial services sector, specifically the reinsurance industry, where scale and underwriting discipline are key competitive advantages. With a market capitalisation of €65.2 billion, it ranks among the more significant names in European insurance.

The company's key figures point to a business valued conservatively relative to its earnings, with a price-to-earnings ratio of 9.64, and one that returns a meaningful portion of profit to shareholders, reflected in a dividend yield of +4.7%. Together, these metrics offer a snapshot of a mature, established insurer generating steady earnings within a capital-intensive, cyclical industry.

How to trade Munich Re

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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. How we build these pages.