Annual Report 2020
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Letter to shareholders
Despite considerable uncertainty caused by COVID-19, in 2020 we laid the tracks to the future of the Munich Re Group. I am confident that we have thus established a solid basis for growth and value creation for all our stakeholders.Dr. Joachim WenningChairman of Munich ReinsuranceCompany’s Board of Management
2020 key figures
€1,211m
Consolidated result as per 31 Dec. 2020
€8.63
Earnings per share
€9.80
Dividend per share
€233.0bn
Investments
€30.0bn
Shareholders' equity
€54.9bn
Gross premiums written
