Munich Re: H1 2024 results

Munich Re closed the first two quarters of 2024 with an insurance revenue of 30.014 billion EUR (32.2 billion USD), up by 5.5% over one year.

Net profit climbed by 55.2% to 3.763 billion EUR (4 billion USD). At 5.306 billion EUR (5.7 billion USD), the underwriting result improved by 33.7% compared with the end of June 2023.

The German group is expecting a net income of 5 billion EUR (5.4 billion USD) for the full current financial year.