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And now let's take another look at the "Max" chart and see that the stock is not low at all and everything is good...
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@Wuestenschiff I see it differently and it's not always that simple. While the broad equity market has performed well in the recent past, it is a legitimate question as to why such a defensive stock is down 10% at the same time.
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@PositivePossum I think that the stock had performed above average for a while before the 10% price reduction.

There have been a lot of articles in the press recently about premiums rising less sharply. This - together with skepticism about the new CEO - has in my opinion led to the underperformance of the share price.

Nevertheless, I consider $MUV2 to be an extremely solid company and the business model continues to work very well. As an investor, I am therefore relaxed about Munich Re.