Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

BUSE:MUNICHRE Stock Report

Market Cap: Ft27.8t

Münchener Rückversicherungs-Gesellschaft in München Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Joachim Wenning

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure15.9yrs
CEO ownershipn/a
Management average tenure5.2yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joachim Wenning's remuneration changed compared to Münchener Rückversicherungs-Gesellschaft in München's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€6b

Jun 30 2024n/an/a

€6b

Mar 31 2024n/an/a

€5b

Dec 31 2023n/an/a

€5b

Sep 30 2023n/an/a

€5b

Jun 30 2023n/an/a

€5b

Mar 31 2023n/an/a

€5b

Dec 31 2022€6m€2m

€5b

Sep 30 2022n/an/a

€5b

Jun 30 2022n/an/a

€4b

Mar 31 2022n/an/a

€4b

Dec 31 2021€6m€2m

€3b

Sep 30 2021n/an/a

€2b

Jun 30 2021n/an/a

€2b

Mar 31 2021n/an/a

€2b

Dec 31 2020€6m€2m

€1b

Sep 30 2020n/an/a

€1b

Jun 30 2020n/an/a

€2b

Mar 31 2020n/an/a

€2b

Dec 31 2019€6m€2m

€3b

Sep 30 2019n/an/a

€3b

Jun 30 2019n/an/a

€2b

Mar 31 2019n/an/a

€2b

Dec 31 2018€6m€2m

€2b

Sep 30 2018n/an/a

€3b

Jun 30 2018n/an/a

€641m

Mar 31 2018n/an/a

€646m

Dec 31 2017€5m€1m

€375m

Compensation vs Market: Insufficient data to establish whether Joachim's total compensation is reasonable compared to companies of similar size in the Hungarian market.

Compensation vs Earnings: Joachim's compensation has been consistent with company performance over the past year.

CEO

Joachim Wenning (59 yo)

15.9yrs

Tenure

€6,126,750

Compensation

Dr. oec. publ. Joachim Wenning joined Münchener Rückversicherungs-Gesellschaft AG (“Munich Re”) in 1991, where he worked until early 1997 as a treaty specialist with technical responsibility for life reins...

Leadership Team

NamePositionTenureCompensationOwnership
Joachim Wenning
Chairman of Management Board15.9yrs€6.13mno data
Christoph Jurecka
CFO & Member of Management Board5.9yrs€4.29mno data
Thomas Blunck
Member of Management Board19.2yrs€2.77mno data
Nicholas Gartside
Chief Investment Officer & Member of Management Board5.8yrs€2.98mno data
Achim Kassow
Labour Relations Director & Member of Management Board4.6yrs€2.98mno data
Stefan Golling
Member of Management Board3.9yrs€2.98mno data
Clarisse Kopff
Member of Management Board2.2yrs€1.60mno data
Torsten Jeworrek
Chief Executive Officer of Reinsurance Businessno data€4.09mno data
Markus Riess
Head of Economics9.3yrs€4.11mno data
Mari Malherbe
Member of Management Board2.2yrsno datano data
Soobum Lee
Head of the Operationno datano datano data
Michael Kerner
Member of Management Board2yrsno datano data

5.2yrs

Average Tenure

58yo

Average Age

Experienced Management: MUNICHRE's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hans-Jürgen Schinzler
Honorary Chairman of the Supervisory Board11.9yrsno datano data
Clement Booth
Independent Member of Supervisory Board8.7yrs€111.00kno data
Carsten Spohr
Independent Member of Supervisory Board4.7yrs€110.00kno data
Nikolaus von Bomhard
Independent Chairman of Supervisory Board5.7yrs€417.00kno data
Maximilian Zimmerer
Independent Member of Supervisory Board7.4yrs€260.75kno data
Renata Jungo Brungger
Independent Member of Supervisory Board7.9yrs€146.50kno data
Ulrich Plottke
Employee Representative Member of Supervisory Board10.7yrs€180.00kno data
Anne Horstmann
Employee Representative Deputy Chair of Supervisory Board10.7yrs€181.25kno data
Stefan Kaindl
Employee Representative Member of Supervisory Board5.7yrs€180.00kno data
Gabriele Mucke
Employee Representative Member of Supervisory Board5.7yrs€111.00kno data
Carinne Knoche-Brouillon
Independent Member of Supervisory Board3.7yrs€111.00kno data
Julia Jakel
Member of the Supervisory Boardless than a yearno datano data

6.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: MUNICHRE's board of directors are considered experienced (6.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 05:51
End of Day Share Price 2024/12/13 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München is covered by 56 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maria del Paz Ojeda FernandezAhorro Corporación
Dieter HeinAlphaValue
Christian WeizBaader Helvea Equity Research