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Facts and Figures
© James Thew / stock.adobe.com

Munich Re Group in facts and figures

At Munich Re, we communicate more than just financial metrics. We share a broad range of facts and figures to tell a more complete story about how we create value – for our clients, shareholders, employees and other stakeholders.

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    Our experience, volume and value

    Munich Re Group is one of the world's leading risk managers. Founded in 1880 in Germany, the company is now active on a global scale. Munich Re has held the number 1 spot in the Top 50 of global reinsurance groups since 2010, except for 2017. The Top 50 Global Reinsurance Groups directory is based on research data from the rating agency A.M. Best and measures reinsurers based on reinsurance gross premiums written.
    144
    years’ experience in risk management
    42,812
    people working for Munich Re Group on
    31 Dec. 2023
    €29.8bn
    in equity (31 Dec. 2023)

    Our businesses at a glance

    The portfolios of Munich Re Group and its business units comprise reinsurance, primary insurance, related services, and capital market solutions. Backed by a diversified structure and offices across 50+ countries, Munich Re employees take a holistic view while offering specialised expertise to the markets, companies and customers they serve, both locally and globally.

    Our financial key performance figures

    Unique know-how in risk assessment allows Munich Re to cover extraordinary risks, from rocket launches to renewable energies to cyberattacks. At the same, time, its ability to offer financial protection even in the event of exceptionally high losses – from the earthquake in San Francisco in 1906 to the Atlantic hurricane series in 2017 – illustrates the reliability and financial strength of Munich Re. 
    €4,597m
    consolidated result as per 31 Dec. 2023
    €15.00
    Dividend proposal per share
    by the Board of Management
    267%
    solvency ratio as per 31 Dec. 2023

    Our ratings

    Munich Re’s excellent ratings reflect the strength of its balance sheet. Strong sustainability ratings, on the other hand, speak for the high standards to which we hold our operations in terms of environmental, social and governance criteria (ESG).

    Facts and Figures

    A+
    superior
    A.M. Best
    AA
    very strong
    Fitch
    Aa3
    excellent
    Moody's
    AA-
    very strong
    Standard & Poor’s

    Sustainability ratings

    Leader
    in industry rating by Sustainanalytics
    Good ESG
    rating by MSCI
    Prime
    rating by oekom research

    Our people

    It's all about people - Facts & Figures

    People with a wide range of specialised skills, know-how, and expertise are key to the ongoing success of Munich Re Group. They have made Munich Re a successful global player both in traditional as well as innovative fields of risk transfer. As a high-performance organisation, we nurture a culture of personal development, creativity, accountability, and ownership. 

    Employees by business segment (%)

    2022

    Status: 31.12.2022
    Total: 41,389 (2021: 39,281)
    Employees by business segment (%) 2022 2021
    Reinsurance 36.0% 34.2%
    ERGO 62.0% 63.6%
    MEAG 2.0% 2.2%

    Munich Re Pension Fund (Münchener Rück Versorgungskasse VVaG)

    The Munich Re Pension Fund was founded in 1923 and is a "small mutual insurance association" which acts in compliance with the provisions of the German Insurance Supervision Act. Its purpose is to provide a company pension to its members on old age, disability and to survivors of the family in case of a member’s death. Since 1 January 2019, Munich Re (funding company) has not submitted any applications for new memberships.

    The following information is only available in German: