Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2)
€ 494.3 3.4 (0.69%) Market Cap: 66.12 Bil Enterprise Value: 65.80 Bil PE Ratio: 11.59 PB Ratio: 2.11 GF Score: 68/100
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Q1 2021 Muenchener Rueckversicherungs Gesellschaft AG in Muenchen Earnings Call Transcript

May 06, 2021 / 09:00AM GMT
Release Date Price: €244.1 (+2.31%)
Operator

Good day, and welcome to the Munich Re quarterly statement as at the 31st of March 2021 conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Becker-Hussong. Please go ahead.

Christian Becker;Hussong
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München - Head of Investor & Rating Agency Relations

Yes, thank you. Good morning, everyone. Welcome, very warm welcome to our Q1 earnings call, including the April renewals. Today, our speaker is Christoph Jurecka, our CFO. And as usual, Christoph will kick off the call with his introduction, and then we will go right into Q&A as always.

So I have the pleasure now to hand it over to Christoph, the floor is yours.

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

Thank you, Christian. And good morning also from my side. With a net income of almost EUR 600 million in Q1, we had a

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