Outlook 2016

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Outlook 2016

Munich Re (Group)

Gross premiums written1 Return on investment Net result
€47–49bn   ~3%   €2.3–2.8bn  
Focus on bottom-line growth prevails Solid return given ongoing low interest-rate environment RoRaC target of 15% after tax over the cycle to stand
Reinsurance ERGO Munich Health
Combined ratio Combined ratio Combined ratio
~98%   Germany: ~95%
International: ~99%
Net result Net result Net result
€1.9–2.4bn   €250–350m   €50–100m  

1 By segment: Reinsurance €26–28bn, ERGO €15.5–16bn, Munich Health slightly below €5bn.

Status: 16.03.2016

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