Munich Re (MUV2.MI)

Overall impact
B (68)

Commentary

Munich Re is a strong overall performer. With a 'B' rating of 67.9 for overall impact (79th percentile compared to all companies), Munich Re ranks 8th out of 83 industry peers, behind Sun Life Financial, Insurance Australia, Suncorp and 4 others, and ahead of Allstate, AIG, The Hartford and 72 others. On top material causes for Munich Re's industry (Insurance), Munich Re performs well in Equal Pay and Opportunity (95.2 score), Affordable, Safe Housing (80.8) and Disaster Readiness and Effective Aid (95.7) and performs poorly in Reduced Waste (25.1 score).
Impact
Cause MUV2.MI
Peer rank
Overall impact

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Impact trend

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Company
Employees
41,389
Sector
Financials
Industry
Insurance
Sub-industry
Reinsurance
SASB industry
Insurance
Headquarters
Germany
Share classes
MURGY
ADR
MUV2.MI
Description
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. The company operates through five segments: Life and Health Reinsurance; Property-Casualty Reinsurance; ERGO Life and Health Germany; ERGO Property-Casualty Germany; and ERGO International. It also offers life and health reinsurance solutions, such as financial market risks, data analytics, claims handling and underwriting, medical research, health market, capital management, as well as MIRA digital suite; and property and casualty reinsurance solutions, including agricultural risk, data analytics, infrastructure risk profiler, remote inspection, retroactive reinsurance, insurance linked securities, location risk, risk transfer, and cyber, as well as NatCatSERVICE for natural catastrophe loss database, REALYTIX ZERO, IMPROVEX, cert2go, consulting for product development, prospective structured reinsurance, and Vahana AI for motor claims. In addition, the company provides solutions for industry clients, such as IoT cover, earnings quality insurance protection, captive insurance and risk transfer, liability, weather risks, space and satellite insurance, bioenergy plant performance insurance, solar energy insurance, wind farm insurance, mining insurance, construction projects covers and services, aviation insurance, power and utilities, oil and gas companies insurance, industrial cyber insurance, risk suite, data and location risk intelligence, digital risks, PV warranty insurance, parametric, Insure AI, liquidation damage cover, and natural catastrophes solutions. Further, it offers life, property-casualty, health, legal protection, and travel insurance products under the ERGO brand name. The company was founded in 1880 and is based in Munich, Germany.
Material causes
Ethos considers the following causes material for Munich Re, based on its industry sub-industry Reinsurance. Learn more about material causes in our methodology overview.
Not available

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