Munich Re posts quarterly result of €2.2bn

07/24/2026

Group

Munich Re recorded a strong second quarter 2026. The Group’s preliminary net profit of approximately €2.2bn significantly surpassed analysts’ consensus estimate of €1.786bn* for Q2 2026.

This result was buoyed by pleasing operational performance overall and very low major-loss expenditure in property-casualty reinsurance. At the same time Munich Re delivered a very strong investment result, which also made a significant contribution to ERGO’s exceptional net earnings of approximately €0.3bn.

Based on the net result of approximately €3.9bn for the first six months, Munich Re is firmly on track to meet its net result target of €6.3bn for the 2026 financial year. Munich Re will provide final Q2 2026 results on 7 August 2026 as scheduled.

* Mean value derived from the estimates of 13 financial analysts.

Munich Re

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. Munich Re leverages its strengths to promote its clients’ business interests and technological progress. Moreover, Munich Re develops covers for new risks such as rocket launches, renewable energies, cyber risks and artificial intelligence. In the 2025 financial year, Munich Re generated insurance revenue of €60.4bn and a net result of €6.1bn. The Munich Re Group employed about 44,000 people worldwide as at 31 December 2025.

Disclaimer

This media information contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development of our Company, in particular the results, financial situation and performance. Munich Re assumes no liability to update these forward-looking statements or to conform them to future events or developments.