Investing in Munich Re

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Munich Re

Shaping change in insurance

Track record

Despite the difficult economic environment, we are well on track, continuing to generate sound income thanks to our balance sheet strength. We are a reliable partner for our clients and shareholders.

Business strategy

We focus on creating sustainable value from underwriting risks. Innovative covers pushing out the boundaries of insurability enable us to tap new sources of income.

Rigorous risk management

A high degree of diversification, balanced investment portfolios and disciplined underwriting are the cornerstones of our risk management.

Strong capital position

Very good capital position continuously built up over the years. Continuing the long-term track record of attractive capital repatriation while retaining the flexibility to exploit opportunities for profitable growth.

More Information on the Group’s strategy

Important tools of corporate management

Key figures for managing the Group’s performance are economic earnings and the IFRS consolidated results.


Outlook for 2018


Gross premiums written


Net result


Return on investment


Combined ratio reinsurance


Combined ratio ERGO Germany


Combined ratio ERGO International


Service for private investors
Alexander Rappl
Tel.: +49 (89) 38 91-22 55
Fax: +49 (89) 38 91-45 15

Service for institutional investors and analysts
Christian Becker-Hussong
Tel.: +49 (89) 38 91-39 10
Fax: +49 (89) 38 91-98 88

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