Munich Re Reports Full-Year Balance Sheet Broadly in Line With Our Expectations
Munich Re reported a full-year balance sheet broadly in line with our expectations. We will maintain our fair value estimate of EUR 163 per share and no-moat rating.As we noted in February, results have been slightly ahead of our expectations, but we see nothing in this capital release to change our long-term view of the business. The business is still very well capitalised with a Solvency II ratio of 267%, as the company has held back from deploying its balance sheet further and benefits from ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.