Annual Report 2025
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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
We can look back on not just one good year, but five extremely successful years. This will be an excellent launch pad for the next five years. Our new Ambition 2030 strategy programme will indeed take off from a position of strength.
Christoph Jurecka
Chair of Munich Reinsurance
Company’s Board of Management
2025 key figures
€6,121m
Consolidated result as per 31 Dec. 2025
€47.15
Earnings per share
€24.00
Dividend proposal per share
€222.7bn
Investments
€33.4bn
Shareholders' equity
€60.4bn
Insurance revenue from insurance contracts issued
