Munich Re

Munich Re
DATE OF CREATION: 3 April 1880, Germany
CLASS OF BUSINESS: Life and non-life
UNDERWRITING ZONE: Worldwide
Regional structures: 62 structures in 30 countries

Munich Re: contact

Address: Munich Re, Königinstrasse 107, 80802 Munich, Germany
Tel: +49 89 38 91-0
Fax: +49 89 39 90 56
Email: contact [at] munichre [dot] com
Website: www.munichre.com

Munich Re: rating

AgencyRatingOutlook
Standard & Poor'sAA-Stable
A.M. BestA+Stable
Moody’sAa3Stable
Fitch RatingsAAStable

Munich Re: main indicators

in thousands USD
 20182019
Global turnover56 119 00057 625 000
Reinsurance turnover35 785 00037 859 000
Shareholder’s equity30 310 00034 241 000
Net result2 602 0003 031 000

Munich Re: turnover 2019 by class of business (1)

in thousands USD
 PremiumsIn %
Property and casualty24 739 00065.34%
Life and health13 120 00034.66%
Total37 859 000100%

(1) Reinsurance turnover only

Munich Re: technical ratios

 20182019
Loss ratio65.2%66.6%
Management expenses ratio34.2%34.4%
Combined ratio99.4%101%

Munich Re: capital and shareholding

ShareholdersIn %Munich Re capital
Institutional investors77.8%
Private shareholders22.2%

* Shareholding at 30/9/2020

Munich Re: management

Joachim WenningChairman of the board of management
Thomas BlunckHead of life and health department
Torsten JeworrekHead of reinsurance department
Christoph JureckaChief financial officer
Achim KassowHead of Germany, Pacific Asia and Africa department

Sources: Munich Re et A.M. Best
Exchange rate as at 31/12/2018: 1 EUR = 1.14379 USD; as at 31/12/2019: 1 EUR = 1.11986 USD


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