Munich Re reported a net profit of 1.714 billion EUR (2 billion USD) at the end of March 2026, marking a year-over-year increase of 56.7%.
The underwriting result rose by 30.3% to 2.676 billion EUR (3.1 billion USD).
Insurance revenue declined by 5.1% compared to the same period in 2025, totaling 15.018 billion EUR (17.2 billion USD).
The operating result reached 2.23 billion EUR (2.6 billion USD), representing growth of 52.3% over a twelve-month period.
In the first quarter of 2026, the German group’s equity amounted to 34.616 billion EUR (39.7 billion USD), while return on equity (ROE) stood at 19.7%.



