Company Profile

Muenchener Rueckversicherung AG (Munich Re) is one of the world leaders in reinsurance. Gross written premiums break down by activity as follows:
- reinsurance (69.4%): non-life reinsurance (69.6% of gross written premiums) and life and health reinsurance (30.4%);
- insurance (30.6%): life and health insurance (50.5% of gross premiums issued) and non-life insurance (21.5%). The remaining gross written premiums (28%) are from international insurance activities.
Gross written premiums break down geographically as follows: Germany (23.7%), Europe (27.4%), North America (30.6%), Asia and Australasia (12.5%), Africa and Middle East (3.2%) and Latin America (2.6%).


Source: Cofisem - Last Update: 2023-03-24

Key Executives
Chairman of the Management Board Joachim Wenning
Member of the Management Board Thomas Blunck
Member of the Management Board Nicholas Gartside
Member of the Management Board Stefan Golling
Member of the Management Board Doris Höpke
Member of the Management Board Torsten Jeworrek
Member of the Management Board Christoph Jurecka
Member of the Management Board Achim Kassow
Member of the Management Board Markus Riess
Chief Financial Officer Christoph Jurecka
Investor Relations Director Christian Becker-Hussong
Human Resources Director Doris Höpke
VP, Communication Joachim Wenning


Source: Cofisem - Last Update: 2022-11-14

Key Figures
Millenium 2022 2021 2020 2019 2018
Gross written premiums 66,391,000 57,597,000
Net banking income 3,435,000 5,783,000 5,270,000 6,729,000 4,667,000
Financial income net of charges (excluding net cost of indebtedness) 4,851,000 6,937,000 7,553,000 8,913,000 5,841,000
Income from ordinary activities 73,013,000 69,125,000 65,214,000 65,015,000 57,070,000
Operating income 4,126,000 3,470,000 1,703,000 3,412,000 3,047,000
Financial charges 179,000 205,000 223,000 222,000 194,000
Equity-accounted companies contribution to income 52,000 219,000
Net profit from discontinued activities
Net income 3,419,000 2,932,000 1,211,000 2,707,000 2,276,000
Net income (Group share) 3,432,000 2,933,000 1,211,000 2,724,000 2,310,000
Fiscal year end 12.22 12.21 12.2 12.19 12.18
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards

Source: Cofisem - Last Update: 2023-03-24

Shareholder information
Foreign institutional investors 74.6 %
private investors 25.4 %


Source: Cofisem - Last Update: 2023-03-24

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