Annual Report 2019
In an effort to improve sustainability, printed versions of our reports are no longer available.
Annual reports can be downloaded in PDF format.
Letter to shareholders
The past year has been a successful one for the Group. We increased our results once again, and exceeded our profit target. We are driving digital transformation, reducing complexity, and growing profitably. The strategic focus is working, and is paying off.Dr. Joachim WenningChairman of Munich ReinsuranceCompany’s Board of Management
2019 key figures
€2,707m
Consolidated result as per 31 Dec. 2019
€18.97
Earnings per share
€9.80
Dividend per share
€228.8bn
Investments
€30.6bn
Shareholders' equity
€51.5bn
Gross premiums written