Munchener Ruckversicherungs-Gesellschaft AG (MEX:MUV2)
MXN 10860.58 0 (0%) Market Cap: 1.44 Til Enterprise Value: 1.43 Til PE Ratio: 11.96 PB Ratio: 2.18 GF Score: 64/100
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Q1 2022 Muenchener Rueckversicherungs Gesellschaft in Muenchen AG Earnings Call Transcript

May 10, 2022 / 09:00AM GMT
Release Date Price: MXN5916.94
Christian Becker;Hussong
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München - Head of Investor & Rating Agency Relations

Hello, everyone. Warm welcome to our call on the occasion of our first quarter 2022 earnings. I have the pleasure to be here with our CFO, Christoph Jurecka. He will, as always, give you a few statements upfront and then we will open the floor for Q&A, for which I would like to ask you, as always, to limit yourself to 2 questions each. And now I'm handing over to Christoph.

Christoph Jurecka
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München - CFO & Member Management Board

Thank you, Christian, and good morning, everybody. A pleasure to present our numbers today, and I'll start with a few introductory remarks.

Munich Re's income of just above EUR 600 million in Q1 was clearly affected by the backdrop of a very challenging geopolitical and macroeconomic environment, not least due to the war in Ukraine and the related sanctions in Russia. In this context, we

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