Key figures (IFRS)

Normal view (turn off text only mode)
You are here:

Key figures

Key figures (IFRS)

Munich Re Group   2016 2015 2014 2013 2012
Gross premiums written €bn 48.9 50.4 48.8 51.1 52.0
Net earned premiums €bn 47.1 48.3 47.4 49.2 50.5
Net expenses for claims and benefits €bn –38.5 –38.7 –39.7 –39.9 –41.0
Net operating expenses €bn –12.3 –12.4 –12.0 –12.4 –12.6
Operating result €m 4,025 4,819 4,027 4,398 5,349
Taxes on income €m –760 –476 312 –108 –878
Consolidated result €m 2,581 3,122 3,170 3,333 3,204
   Attributable to non-controlling interests €m 1 15 18 29 16
Earnings per share 16.13 18.73 18.31 18.45 17.94
Dividend per share 8.60 8.25 7.75 7.25 7.00
Dividend payout
€m 1,338 1,329 1,293 1,254 1,255
Share price at 31 December 179.65 184.55 165.75 160.15 136.00
Munich Re’s market capitalisation at 31 December1 €bn 28.9 30.8 28.7 28.7 24.4
Carrying amount per share 200.86 188.40 178.13 146.15 152.34
Investments €bn 219.4 215.1 218.9 202.2 213.8
Insurance-related investments €bn 9.6 9.2 8.5 7.3  
Equity €bn 31.8 31.0 30.3 26.2 27.4
Return on equity % 8.1 10.0 11.3 12.5 12.5
Off-balance-sheet unrealised gains and losses2 €bn 17.3 16.0 17.4 8.7 11.0
Net technical provisions €bn 202.2 198.5 198.4 187.7 186.1
Balance sheet total3 €bn 267.8 268.9 265.6 254.3 258.4
Staff at 31 December   43,428 43,554 43,316 44,665 45,437
Reinsurance   2016 2015 2014 2013 2012
Gross premiums written €bn 27.8 28.2 26.8 27.8 28.2
Investments
(incl. insurance-related investments)
€bn 88.9 89.2 88.0 79.2 83.8
Net technical provisions €bn 65.5 65.4 63.5 60.5 61.1
Major losses (net) €m –1,542 –1,046 –1,162 –1,689 –1,799
   Natural catastrophe losses €m –929 –149 –538 –764 –1,284
Combined ratio property-casualty % 95.7 89.7 92.7 92.1 91.0
ERGO   2016 2015 2014 2013 2012
Gross premiums written €bn 16.0 16.5 16.7 16.7 17.1
Investments
(incl. insurance-related investments)
€bn 135.4 131.0 135.5 126.7 124.9
Net technical provisions €bn 133.6 130.3 132.4 125.1 122.8
Combined ratio property-casualty Germany % 97.0 97.9 95.3 96.7 98.0
Combined ratio International % 99.0 104.7 97.3 98.7 99.8
Munich Health   2016 2015 2014 2013 2012
Gross premiums written €bn 5.0 5.6 5.3 6.6 6.7
Investments
(incl. insurance-related investments)
€bn 4.7 4.1 3.9 3.6 4.2
Net technical provisions €bn 3.2 2.8 2.5 2.2 2.2
Combined ratio4 % 98.5 99.9 98.8 98.3 100.2

For 2013, 2014, 2015 and 2016, this contains treasury shares earmarked for retirement.                        
Including those apportionable to minority interests and policyholders.                        
Previous years’ figures adjusted owing to IAS 8; see “Changes in accounting policies and other adjustments”.
Excluding health insurance conducted like life insurance.                       

Annual Report 2016

Related Topics

Interesting? Share this content on your favourite social media platform.


Main Navigation
Service Men
Accessibility

Note


This publication is available exclusively to Munich Re clients. Please contact your Client Manager.