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
 201820192020
Global turnover56 119 00057 625 00067 418 000
Reinsurance turnover35 785 00037 859 00045 839 000
Shareholder’s equity30 310 00034 241 00036 840 000
Net result2 602 0003 031 0001 487 000

Munich Re: turnover 2020 by class of business (1)

in thousands USD
 PremiumsIn %
Property and casualty30 233 00065.95%
Life and health15 606 00034.05%
Total45 839 000100%

(1) Reinsurance turnover only

Munich Re: technical ratios

 20192020
Loss ratio66.6%74.7%
Management expenses ratio33.6%30.9%
Combined ratio100.2%105.6%

Munich Re: capital and shareholding

ShareholdersIn %Munich Re share capital
Institutional investors76.6%
Private shareholders23.4%

* Shareholding at 30/9/2021

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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