Muenchener Rueckversicherungs Gesellschaft in Muenchen AG
XETRA:MUV2
Income Statement
Income Statement
Muenchener Rueckversicherungs Gesellschaft in Muenchen AG
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Oct-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
55 936
|
55 816
|
55 330
|
54 969
|
54 887
|
55 197
|
55 205
|
55 100
|
55 023
|
53 752
|
53 773
|
53 899
|
53 609
|
54 600
|
54 165
|
53 688
|
53 541
|
52 136
|
51 322
|
51 095
|
50 404
|
64 291
|
78 901
|
55 141
|
55 025
|
82 009
|
69 297
|
55 448
|
56 494
|
42 873
|
43 811
|
44 855
|
60 986
|
62 002
|
60 479
|
62 578
|
56 386
|
63 285
|
63 982
|
61 218
|
58 663
|
|
Revenue |
63 593
N/A
|
63 536
0%
|
64 061
+1%
|
63 356
-1%
|
63 303
0%
|
63 942
+1%
|
63 578
-1%
|
62 928
-1%
|
62 699
0%
|
60 394
-4%
|
61 001
+1%
|
61 773
+1%
|
61 502
0%
|
63 436
+3%
|
62 121
-2%
|
61 506
-1%
|
61 595
+0%
|
59 442
-3%
|
58 570
-1%
|
58 056
-1%
|
56 245
-3%
|
72 315
+29%
|
89 438
+24%
|
64 134
-28%
|
64 029
0%
|
94 104
+47%
|
79 329
-16%
|
62 672
-21%
|
63 997
+2%
|
66 756
+4%
|
67 686
+1%
|
69 039
+2%
|
69 261
+0%
|
69 437
+0%
|
66 031
-5%
|
66 891
+1%
|
56 596
-15%
|
67 120
+19%
|
67 323
+0%
|
63 415
-6%
|
58 954
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(59 195)
|
(59 182)
|
(59 265)
|
(58 707)
|
(59 250)
|
(60 219)
|
(59 180)
|
(59 754)
|
(57 886)
|
(56 411)
|
(57 685)
|
(57 553)
|
(57 458)
|
(59 604)
|
(58 191)
|
(60 362)
|
(60 346)
|
(57 857)
|
(57 139)
|
(53 824)
|
(52 538)
|
(68 216)
|
(84 102)
|
(59 730)
|
(60 675)
|
(89 164)
|
(75 827)
|
(60 880)
|
(62 104)
|
(64 482)
|
(64 522)
|
(66 116)
|
(65 847)
|
(65 238)
|
(60 995)
|
(62 206)
|
(50 805)
|
(60 990)
|
(62 044)
|
(56 497)
|
(52 932)
|
|
Selling, General & Administrative |
0
|
(1 321)
|
(2 029)
|
(2 011)
|
(2 739)
|
(2 829)
|
(2 891)
|
0
|
(2 974)
|
0
|
0
|
0
|
(2 995)
|
(759)
|
(1 560)
|
(1 554)
|
(3 060)
|
(2 298)
|
(3 052)
|
(3 058)
|
(3 058)
|
0
|
(1 565)
|
0
|
(2 969)
|
(3 935)
|
(3 126)
|
0
|
(2 870)
|
0
|
(617)
|
0
|
(3 095)
|
0
|
0
|
0
|
113
|
0
|
0
|
0
|
(102)
|
|
Benefits Claims Loss Adjustment |
(39 927)
|
(40 323)
|
(40 391)
|
(39 605)
|
(39 694)
|
(39 919)
|
(39 477)
|
(39 480)
|
(38 731)
|
(37 503)
|
(37 871)
|
(37 920)
|
(38 498)
|
(39 707)
|
(39 147)
|
(41 634)
|
(41 645)
|
(39 898)
|
(39 514)
|
(36 158)
|
(35 117)
|
(45 707)
|
(55 484)
|
0
|
(39 685)
|
(59 641)
|
(51 487)
|
(41 916)
|
(43 077)
|
(32 611)
|
(32 752)
|
(34 069)
|
(45 381)
|
(45 371)
|
(45 588)
|
(46 591)
|
(48 408)
|
(48 862)
|
(49 691)
|
(48 456)
|
(50 051)
|
|
Policy Acquisition Expense |
(11 716)
|
(10 584)
|
(9 494)
|
(9 709)
|
(9 214)
|
(9 533)
|
(9 518)
|
(10 183)
|
(9 377)
|
(11 546)
|
(10 800)
|
(10 882)
|
(9 350)
|
(8 620)
|
(9 320)
|
(9 232)
|
(9 224)
|
(10 059)
|
(8 985)
|
(9 210)
|
(9 559)
|
(12 383)
|
(15 898)
|
(12 722)
|
(9 924)
|
(17 231)
|
(14 887)
|
(11 567)
|
(9 974)
|
(8 537)
|
(8 724)
|
(8 990)
|
(10 673)
|
(13 488)
|
0
|
(11 466)
|
(12 508)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(7 552)
|
(6 954)
|
(7 351)
|
(7 382)
|
(7 603)
|
(7 938)
|
(7 294)
|
(10 091)
|
(6 804)
|
(7 362)
|
(9 014)
|
(8 751)
|
(6 615)
|
(10 518)
|
(8 164)
|
(7 942)
|
(6 417)
|
(5 602)
|
(5 588)
|
(5 398)
|
(4 804)
|
(10 126)
|
(11 155)
|
(47 008)
|
(8 097)
|
(8 357)
|
(6 327)
|
(7 397)
|
(6 183)
|
(23 334)
|
(22 429)
|
(23 057)
|
(6 698)
|
(6 379)
|
(15 407)
|
(4 149)
|
9 998
|
(12 128)
|
(12 353)
|
(8 041)
|
(2 779)
|
|
Operating Income |
4 398
N/A
|
4 354
-1%
|
4 796
+10%
|
4 649
-3%
|
4 053
-13%
|
3 723
-8%
|
4 398
+18%
|
3 174
-28%
|
4 813
+52%
|
3 983
-17%
|
3 316
-17%
|
4 220
+27%
|
4 044
-4%
|
3 832
-5%
|
3 930
+3%
|
1 144
-71%
|
1 249
+9%
|
1 585
+27%
|
1 431
-10%
|
4 232
+196%
|
3 707
-12%
|
4 099
+11%
|
5 336
+30%
|
4 404
-17%
|
3 354
-24%
|
4 940
+47%
|
3 502
-29%
|
1 792
-49%
|
1 893
+6%
|
2 274
+20%
|
3 164
+39%
|
2 923
-8%
|
3 414
+17%
|
4 199
+23%
|
5 036
+20%
|
4 685
-7%
|
5 791
+24%
|
6 130
+6%
|
5 279
-14%
|
6 918
+31%
|
6 022
-13%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(54)
|
(224)
|
(298)
|
(161)
|
(47)
|
(234)
|
0
|
(207)
|
0
|
0
|
0
|
466
|
229
|
234
|
55
|
(302)
|
(81)
|
11
|
(29)
|
(21)
|
87
|
87
|
541
|
149
|
495
|
436
|
(173)
|
(107)
|
(367)
|
(485)
|
(165)
|
160
|
302
|
1 053
|
1 657
|
870
|
663
|
31
|
(548)
|
(371)
|
|
Non-Reccuring Items |
(29)
|
(123)
|
(208)
|
(297)
|
(962)
|
(950)
|
(963)
|
0
|
(549)
|
0
|
0
|
(470)
|
(707)
|
(212)
|
(212)
|
(218)
|
(153)
|
(75)
|
(131)
|
(125)
|
(137)
|
0
|
(47)
|
(47)
|
(106)
|
(200)
|
(156)
|
0
|
(110)
|
0
|
(114)
|
0
|
(89)
|
(793)
|
(1 564)
|
(1 763)
|
(28)
|
(563)
|
201
|
375
|
(117)
|
|
Total Other Income |
(928)
|
(996)
|
(812)
|
(366)
|
(72)
|
(83)
|
(86)
|
(359)
|
(460)
|
(733)
|
(115)
|
(126)
|
(462)
|
(356)
|
(896)
|
(807)
|
(699)
|
(1 041)
|
(966)
|
(982)
|
(698)
|
(901)
|
(796)
|
(838)
|
(207)
|
(563)
|
(485)
|
(168)
|
(196)
|
(198)
|
(198)
|
(176)
|
(2)
|
(193)
|
(181)
|
(167)
|
0
|
(231)
|
(185)
|
(136)
|
0
|
|
Pre-Tax Income |
3 441
N/A
|
3 181
-8%
|
3 552
+12%
|
3 688
+4%
|
2 858
-23%
|
2 643
-8%
|
3 115
+18%
|
2 815
-10%
|
3 597
+28%
|
3 250
-10%
|
3 201
-2%
|
3 624
+13%
|
3 341
-8%
|
3 493
+5%
|
3 056
-13%
|
174
-94%
|
95
-45%
|
388
+308%
|
345
-11%
|
3 096
+797%
|
2 851
-8%
|
3 285
+15%
|
4 580
+39%
|
4 060
-11%
|
3 190
-21%
|
4 672
+46%
|
3 297
-29%
|
1 451
-56%
|
1 480
+2%
|
1 709
+15%
|
2 367
+39%
|
2 582
+9%
|
3 483
+35%
|
3 515
+1%
|
4 344
+24%
|
4 412
+2%
|
6 633
+50%
|
5 999
-10%
|
5 326
-11%
|
6 609
+24%
|
5 534
-16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(108)
|
119
|
(25)
|
(55)
|
312
|
376
|
218
|
308
|
(476)
|
(481)
|
(533)
|
(798)
|
(760)
|
(790)
|
(596)
|
165
|
298
|
273
|
313
|
(519)
|
(576)
|
(721)
|
(1 119)
|
(752)
|
(483)
|
(881)
|
(553)
|
(235)
|
(269)
|
(129)
|
(261)
|
(311)
|
(552)
|
(568)
|
(916)
|
(822)
|
(1 324)
|
(1 101)
|
(860)
|
(1 501)
|
(936)
|
|
Income from Continuing Operations |
3 333
|
3 300
|
3 527
|
3 633
|
3 170
|
3 019
|
3 333
|
3 123
|
3 121
|
2 769
|
2 668
|
2 826
|
2 581
|
2 703
|
2 460
|
339
|
393
|
661
|
658
|
2 577
|
2 275
|
2 564
|
3 461
|
3 308
|
2 707
|
3 791
|
2 744
|
1 216
|
1 211
|
1 580
|
2 106
|
2 271
|
2 931
|
2 947
|
3 428
|
3 590
|
5 309
|
4 898
|
4 466
|
5 108
|
4 598
|
|
Income to Minority Interest |
(29)
|
(27)
|
(17)
|
(21)
|
(18)
|
(13)
|
(15)
|
(17)
|
(15)
|
(21)
|
(15)
|
(9)
|
(1)
|
1
|
(2)
|
(5)
|
(17)
|
(14)
|
(15)
|
9
|
34
|
57
|
60
|
37
|
17
|
37
|
39
|
4
|
0
|
5
|
4
|
0
|
1
|
0
|
(3)
|
(2)
|
3
|
16
|
15
|
14
|
9
|
|
Net Income (Common) |
3 304
N/A
|
3 273
-1%
|
3 510
+7%
|
3 612
+3%
|
3 152
-13%
|
3 006
-5%
|
3 318
+10%
|
3 105
-6%
|
3 107
+0%
|
2 747
-12%
|
2 651
-3%
|
2 816
+6%
|
2 580
-8%
|
2 704
+5%
|
2 459
-9%
|
336
-86%
|
375
+12%
|
647
+73%
|
641
-1%
|
2 584
+303%
|
2 310
-11%
|
2 621
+13%
|
3 523
+34%
|
3 308
-6%
|
2 724
-18%
|
3 831
+41%
|
2 786
-27%
|
1 220
-56%
|
1 211
-1%
|
1 583
+31%
|
2 109
+33%
|
2 272
+8%
|
2 933
+29%
|
2 947
+0%
|
3 426
+16%
|
3 588
+5%
|
5 314
+48%
|
4 914
-8%
|
4 482
-9%
|
5 123
+14%
|
4 606
-10%
|
|
EPS (Diluted) |
18.46
N/A
|
18.59
+1%
|
20.28
+9%
|
21.12
+4%
|
18.65
-12%
|
17.89
-4%
|
19.86
+11%
|
18.7
-6%
|
18.73
+0%
|
17.06
-9%
|
16.16
-5%
|
17.6
+9%
|
16.13
-8%
|
17.44
+8%
|
15.68
-10%
|
2.19
-86%
|
2.43
+11%
|
4.31
+77%
|
4.24
-2%
|
17.43
+311%
|
15.53
-11%
|
18.04
+16%
|
24.33
+35%
|
22.97
-6%
|
18.96
-17%
|
27.09
+43%
|
19.88
-27%
|
8.69
-56%
|
8.63
-1%
|
11.3
+31%
|
15.05
+33%
|
16.24
+8%
|
20.94
+29%
|
21.07
+1%
|
24.47
+16%
|
25.8
+5%
|
38.13
+48%
|
35.8
-6%
|
32.85
-8%
|
37.76
+15%
|
33.87
-10%
|