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Facts
Insurance Gap: the share of uninsured losses from natural disasters since 1980
71.8%
2011 will go down on record as being one of the deadliest years on record for Tornado fatalities in the United States after over 500 deaths were reported in the 1st half of the year alone.
Solutions
Property coverage from a high-capacity reinsurance partner
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    CLARA reduces the waiting time until the benefit decision in the disability insurance
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    CLARA – Claims Risk Assessment
    Solutions
    CLARA – Claims Risk Assessment
    • Our value
    • Portfolio
    • Investment areas
    • Team
    • News

    Risks

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      We cover a wide range of risks, ranging from weather and climate to cyber security and health.
    • Financial market risks
    • Extreme weather
    • Agricultural risks
    • Weather risks can significantly affect your profits
    • Natural disaster risks: Losses are trending upwards
    • Climate change risks: A challenge for humanity
    • Digitalisation Risks
    • Capital Risk Management
    • Cyber Risks
    • Risk in commercial satellites and space flight
    • Life/Health
    • Modern mobility and transport risks
    • Emerging risks
    • Renewable Energy

    Natural disaster risks: Losses are trending upwards

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      Economic losses caused by natural catastrophes are increasing. We are developing solutions and applying expertise to preventive measures.
    • Bushfire & wildfire risks
    • Thunderstorms, hail and tornado risks
    • Flood risk: Underestimated natural hazards
    • Winter storm risks
    • Tropical storm risks: Hurricanes, typhoons, cyclones
    • Heatwave & Drought risks: Gradual but catastrophic
    • Earthquake risk: A deadly threat
    • Volcanoes
    Highlights
    Savings and investment products
    Risks
    Savings and investment products – a giant but competitive market
    Extreme weather risks: Re|store people’s lives
    Risks
    Re | store people’s lives - Extreme weather destroys assets worth billions

    Solutions

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      Discover our wide range of tailor-made solutions for a broad spectrum of clients from various sectors.
    • Reinsurance Property/Casualty
    • Reinsurance Life/Health
    • Industry Clients

    Reinsurance Property/Casualty

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    • Agriculture reinsurance
    • Agricultural reinsurance solutions
    • Global Consulting
    • Global Consulting
    • Infrastructure
    • Infrastructure Risk Profiler
    • Natural catastrophes
    • NatCatSERVICE - The natural catastrophe loss database
    • Property Insurance Coverage
    • Remote Inspection Solution
    • Cat AI Solution
    • Insurance Linked Securities
    • Retroactive Reinsurance
    • Structured Prospective Solutions for insurers
    • Retroactive Reinsurance Solutions
    • Risk transfer for governments and municipalities
    • Risk transfer solutions for governments and municipalities
    • Cyber and Data Security
    • Cyber Solutions from Munich Re
    • Data Risk Intelligence
    • Data Analytics and Automated Underwriting
    • cert2go – speed up your reinsuring process of single risks
    • Data analytics solutions
    • IMPROVEX™ - Data-driven excellence for your portfolio
    • REALYTIX ZERO
    • Vahana AI: an AI-based claims assessment tool

    Reinsurance Life/Health

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    • Products & Services
    • Service proposition for life and health insurers
    • Digitization
    • ALLFINANZ Digital underwriting and advanced analytics solutions
    • MIRA Digital Suite
    • Digitization in life insurance
    • Data Analytics
    • Data Analytics for life insurers
    • Underwriting & Claims
    • Insurance solutions for the health market
    • Claims handling & underwriting for life insurance
    • Medical Research
    • Medical Risk Research
    • Product Innovations
    • Product Innovation & Design
    • Capital Management
    • Capital Management for life and health insurers
    • Solutions for financial market risks
    • Solutions for financial market risks
    • North America
    • Munich Re Life US’ life/health solutions
    • Munich Re Life Canada life/health solutions

    Industry Clients

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      Discover our wide range of tailor-made solutions for industry clients, like energy, infrastructure and mobility.
    • Corporate Risk Solutions
    • Munich Re Facultative & Corporate
    • Property Insurance Coverage
    • Tailored insurance: Specialty coverage
    • Liability solutions
    • Covers and services for construction projects
    • Infrastructure Risk Profiler
    • Coverage for the power and utilities industry
    • Optimum insurance cover for downstream energy
    • Insurance cover for mining risks
    • Cyber insurance solutions for large corporates and industrial clients
    • Industrial cyber insurance
    • Digit@ll: insurance Solution for Digital Risks
    • Risk transfer solutions for governments and municipalities
    • Reputational risk insurance
    • Earnings Quality Insurance Protection (EQuIP)
    • Captive insurance and risk transfer solutions
    • Epidemic Risk Solutions
    • New Tech Solutions
    • IoT Cover – Gaining trust and building confidence
    • Insure AI
    • Liquidated Damage Cover
    • Green Tech Solutions
    • Solar energy insurance for photovoltaics industry
    • PV Warranty Insurance backing your solar investment
    • Wind farm insurance: on- and off-shore
    • Enabling the e-mobility transition
    • Bioenergy Plant Performance Insurance
    • Electrical Energy Storage Systems Insurance
    • Weather & Agro Solutions
    • Weather risks — Our solutions, your benefit
    • Agribusiness insurance coverage
    • Parametric Solutions
    • Parametric Solutions
    • One Cat - Comprehensive and rapid response to natural catastrophes
    • Aviation & Space Solutions
    • Space and satellite insurance solutions
    • Aviation Insurance Solutions
    • Risk Services
    • NatCatSERVICE - The natural catastrophe loss database
    • Risk Suite
    • Data Risk Intelligence
    • Location Risk Intelligence

    Global Consulting

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    • Business Advisory Consulting
    • Product Development
    • Pricing Consulting
    • Data Analytics Consulting
    • Claims Consulting
    • Product development & connected insurance

    Weather risks — Our solutions, your benefit

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      We provide weather-index-based insurance and risk management tools to cope with the increasing risks of catastrophic weather events.
    • Parametric weather solutions
    • Energy Weather Solutions

    MIRA Digital Suite

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      Unlock the full potential of digitization in the life insurance industry with the MIRA Digital Suite from Munich Re.
    • MIRA PoS
    • MIRApply Insured
    • MIRApply Physician
    • CLARA – Claims Risk Assessment
    • CLARA plus

    Solutions for financial market risks

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      We manage the financial market risks embedded in insurers’ savings and investment products.
    • Financing needs
    • Existing portfolio risk management
    • New business development
    • FIVE – investment indices for savings and retirement products
    • GLWB Reinsurance Cost Index

    Data Risk Intelligence

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      With Data Risk Intelligence you can significantly reduce the time and expense involved in implementing the GDPR and at the same time improve the quality of your operations.
    • Data Breach Edition

    Data analytics solutions

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      Our data analytics solutions can unlock undiscovered potential in your portfolio. They provide the invaluable granular insights you need to transform your company. With this outside-in knowledge, you can create a competitive advantage and get fit for the future. The insights also enable you to allocate your limited resources to exactly where they create maximum value.
    • Customer analytics
    • Pricing & underwriting
    • Claims analytics

    Location Risk Intelligence

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      Location Risk Intelligence keeps you in full control of natural disaster and climate change risks worldwide and at all times, so you can concentrate fully on your core tasks.
    • Natural Hazards Edition
    • Climate Change Edition
    • Wildfire HD Edition
    Highlights
    Supporting you with capital market solutions.
    Reinsurance Property/Casualty
    Insurance Linked Securities
    Speed up your reinsuring process of single risks
    Reinsurance Property/Casualty
    cert2go – speed up your reinsuring process of single risks

    Company

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    • About Munich Re
    • Media Relations
    • Investor Relations
    • Corporate Art
    • Corporate Responsibility
    • Client Programme 2021
    • Innovation at Munich Re

    About Munich Re

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      Munich Re covers the entire value chain of reinsurance, primary insurance, and insurance-related risk solutions. Click to meet the company behind the name.
    • Munich Re worldwide
    • Strategy
    • Munich Re Group Ambition 2025
    • Organisation
    • Board of Management
    • Supervisory Board
    • Corporate Governance
    • Lobbying
    • Data protection and information security
    • Central Procurement
    • Facts and Figures
    • Group History

    Media Relations

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    • Media Information and Corporate News
    • Reports and presentations
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    Investor Relations

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    • Investing in Munich Re
    • Mandatory Announcements
    • Reports and presentations
    • Our Shares
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    Corporate Responsibility

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    • Corporate Responsibility Governance
    • Human Rights
    • Core business
    • Corporate responsibility in insurance business
    • Corporate responsibility in investment
    • Munich Re Group’s climate-related disclosure
    • Using digitalisation responsibly
    • Employees
    • Environment
    • Society
    • Download center
    • News

    Innovation at Munich Re

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      There is no way around innovation to meet future challenges. Learn how Munich Re pushes new ideas with dedicated innovation teams and an entire ecosystem.
    • Where we are playing
    • How to take the journey together
    • What to expect from us
    • Tech Trend Radar 2021 – manage uncertainty with confidence

    Board of Management

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      Board of Management: The Members of the Board of Management and Area of accountability of Munich Re.
    • Members
    • Seats
    • Shares held

    Supervisory Board

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      Supervisory Board of Munich Re: Members of the Supervisory Board and download of their curriculum vitae.
    • Members
    • Disclosure of individual participation in meetings
    • Seats
    • Committees

    Corporate Governance

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      Corporate governance stands for a form of responsible company management and control geared to long-term creation of value.
    • Declarations of conformity with GCGC (DCGK)
    • Annual General Meeting
    • External auditor
    • Compliance
    • Combatting corruption
    • Code of Conduct – Munich Re Group

    Central Procurement

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      As a globally operating organisation, Munich Re procures many different goods and services throughout the world.
    • Contact and feedback
    • Coupa
    • Downloads

    Group History

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      The foundation of Munich Reinsurance Company in 1880 is largely due to the efforts of Carl Thieme. It is also Thieme who stated that:
    • The early years – On the way to the top of the world (1880–1914)
    • A seismic shift: The First World War and the Great Depression 1914–1933
    • A second seismic shift: Munich Re under National Socialism (1933–1945)
    • On the way back to the top (1946–1969)
    • Start of a new era of research into risk (1970–1995)
    • Realignment of the Group structure (1996–2008)
    • From think factory to solution provider (2009 to present)

    Media Information and Corporate News

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    • Media Information
    • Corporate News
    • Transparency

    Mandatory Announcements

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    • Ad-hoc Announcements
    • Information pursuant to Sections 134b and 134c
    • Material Transactions with Related Parties
    • Managers' transactions
    • Notifications of Major Holdings

    Reports and presentations

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    • Results & Reports
    • Annual report 2020
    • Presentations

    Our Shares

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    • Dividend
    • Share Buy-Back
    • Analysts' estimates

    Bonds

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    • Capital Structure
    • Insurance Linked Securities
    • Bond Ratings
    • Green Bond Framework and Reporting

    Ratings & Solvency

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      For many years Munich Re has been one of the reinsurers with excellent ratings.
    • Rating categories

    Shareholder Area

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    • Annual General Meeting 2022
    • Shareholder Portal and Shareholder Service
    • Archive Annual General Meeting
    Highlights
    Tech Trend Radar 2021 – manage uncertainty with confidence
    Innovation at Munich Re
    Tech Trend Radar 2021 – manage uncertainty with confidence
    Bergbild
    Company
    Munich Re Group Ambition 2025

    Media Information

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    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
    • 2009
    • 2008
    • 2007
    • 2006
    • 2005
    • 2004

    Corporate News

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    Members

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      Board of Management: The Members of the Board of Management and Area of accountability of Munich Re.
    • Curriculum vitae Joachim Wenning
    • Curriculum vitae Thomas Blunck
    • Curriculum vitae Nicholas Gartside
    • Curriculum vitae Stefan Golling
    • Curriculum vitae Doris Höpke
    • Curriculum vitae Torsten Jeworrek
    • Curriculum vitae Christoph Jurecka
    • Curriculum vitae Achim Kassow
    • Curriculum vitae Markus Rieß

    Ad-hoc Announcements

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    • Despite high losses, Munich Re achieves a result of around €0.4bn in Q3, and maintains its annual guidance for 2021
    • Munich Re achieves quarterly result of around €1.1bn
    • Munich Re achieves quarterly result of around €600m
    • Munich Re announces profit target of €2.8bn for 2021; Profit outlook of €1.2bn for 2020
    • Munich Re posts quarterly result of approx. €200m
    • Munich Re posts a quarterly result of approx. €600m – Share buy-back will not be implemented
    • Munich Re withdraws profit guidance and discontinues share buy-back
    • Munich Re resolves share buy-back
    • Munich Re achieves a strong result in Q3 2019
    • Munich Re generates a high result in Q2 2019
    • Munich Re resolves share buy-back
    • Good preliminary result for Q1/2018
    • Munich Re resolves share buyback
    • Munich Re: ERGO ends discussions concerning the sale of its German life insurance companies with traditional life insurance portfolios
    • Hurricanes Harvey, Irma and Maria will cost Munich Re €2.7bn
    • Munich Re may miss profit guidance for 2017
    • Munich Re resolves share buy-back
    • Munich Re resolves share buy-back
    • Munich Re resolves share buy-back
    • Munich Re resolves share buy-back
    • Munich Re continues share buy-backs
    • Munich Re estimates claims burden from earthquake in Japan at around €1.5bn
    • Munich Re to resume share buy-back programme
    • Munich Re agrees to terms for acquisition of AIG subsidiary Hartford Steam Boiler
    • Lower profit in 2nd quarter of 2008
    • Record profit of €3.9bn expected for 2007
    • Agreement to acquire The Midland Company (Midland)
    • Share buy-back of up to €2bn resolved
    • Munich Re decides to buy back shares / Excellent business performance in the first three quarters
    • Munich Re can still achieve its result target for 2005
    • Munich Re updates loss estimate for Hurricane Katrina
    • Munich Re Group / American Re
    • Munich Re Group
    • Munich Re Group: Consolidated profit for the year 2004
    • Profit of Euro1.5 bn for the first nine months
    • Munich Reinsurance Company
    • Munich Reinsurance Company
    • Munich Re Group: Quarterly figures and figures as at 30 September 2003
    • Munich Re Group: quarterly and half-yearly figures
    • Munich Re key figures for 2002:
    • Munich Re and Allianz to reduce their reciprocal shareholdings further
    • Munich Reinsurance Company
    • Munich Reinsurance Company
    • Munich Reinsurance Company
    • Munich Reinsurance Company
    • Munich Reinsurance Company
    • Munich Reinsurance Company
    • Munich Reinsurance Company
    • Munich Re Group: Provisional figures 2000
    • Munich Re Group 1st half-year 2000
    • Munich Re continues share buy-backs
    • Munich Re and Allianz plan restructuring of their shareholdings
    • Munich Re announces provisional IAS figures for 1999:
    • Munich Reinsurance Company

    Information pursuant to Sections 134b and 134c

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      In its capacity as institutional investor, pursuant to Sec. 134b and 134c of the German Stock Corporation Act, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, Munich („Munich Reinsurance Company“) has the obligation to publish information regarding its engagement in companies with shares traded on regulated markets (“Portfolio Companies”) and regarding its investment strategy.
    • Archive – Status: 01/01/2020

    Results & Reports

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      Find all results & reports of Munich Re.
    • Acquisitions and Divestments

    Annual report 2020

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      Online annual report: In an effort to improve sustainability, printed versions of our reports are no longer available. Annual reports can be downloaded in PDF format.
    • Letter to Shareholders

    Archive Annual General Meeting

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    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
    • 2010
    • 2009
    • 2008

    2021

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    • Despite high losses, Munich Re achieves a result of around €0.4bn in Q3, and maintains its annual guidance for 2021
    • Munich Re expects rising reinsurance prices in Europe
    • New era and future opportunities – Insurers partner with the digital world
    • Munich Re issues another green bond
    • Quarterly result in Q2
    • Munich Re achieves quarterly result of around €1.1bn
    • Quarterly statement 1/2021
    • Annual General Meeting approves stable dividend of €9.80 per share
    • Munich Re achieves quarterly result of around €600m
    • Pioneering cyber insurance
    • Munich Re maintains stable dividend and continues to grow
    • 2020 Natural disaster balance

    2020

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    • Munich Re’s “Ambition 2025” sets new growth and results targets
    • Munich Re announces profit target
    • Quarterly Statement 3/2020
    • Porsche, MHP and Munich Re found the “FlexFactory”
    • Munich Re posts quarterly result of approx. €200m
    • Munich Re expects further hardening of markets
    • Supervisory Board appoints Stefan Golling to the Board of Management
    • TRUMPF and Munich Re plan new business model
    • Munich Re issues green bond
    • Pandemics, climate change, cyber: Major risks of our time – Better preparation needed
    • Munich Re posts good Q2 result despite high losses from COVID-19
    • Innovations that save lives: Munich Re and Fraunhofer grant awards for ideas for treatment of Covid-19
    • Natural disaster figures first half of 2020
    • Quarterly result of approx. €600m – Share buy-back will not be implemented
    • Quarterly statement 1/2020
    • Annual General Meeting approves dividend
    • Munich Re withdraws profit guidance
    • Munich Re boosts Group Brand with subsidiaries
    • Financial Results 2019
    • Munich Re resolves share buy-back
    • 2019 Natural disaster balance

    2019

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    • Change to the Board of Management of Munich Re
    • Quarterly Statement: Munich Re likely to surpass 2019 profit target
    • Munich Re presents variety of digital solutions
    • Munich Re achieves a strong result in Q3 and will likely surpass the 2019 forecast
    • Munich Re invests US$ 250m in US start-up Next Insurance
    • Munich Re: new digital solutions in risk analysis and claims settlement
    • Munich Re on track with multi-year ambition
    • Thunderstorms, cyclones and heatwaves: the natural disaster figures for the first half of 2019
    • Munich Re generates a high result in Q2 2019
    • Quarterly Statement: 2019 starts well for Munich Re – Quarterly profit of €633m
    • Munich Re pays a dividend of €9.25 per share
    • Nikolaus von Bomhard is the new Chairman of the Supervisory Board of Munich Re
    • Profit to climb to around €2.5bn
    • Munich Re resolves share buy-back
    • Battery performance now insurable – Innovative Munich Re coverage paves the way for renewable energy
    • Munich Re proposes increase in dividend to €9.25 – profit of €2.3bn in 2018
    • Extreme storms, wildfires and droughts cause heavy nat cat losses in 2018
    • Supervisory Board appoints Nicholas J. Gartside as CIO

    2018

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    • Munich Re affirms profit guidance despite natural catastrophes – quarterly profit of €483m
    • Demand for cyber insurance growing rapidly: Munich Re offers more than just insurance
    • Nikolaus von Bomhard recommended as Chairman of the Supervisory Board of Munich Re
    • Growing threat from cyber risks. Munich Re offers more than just insurance.
    • Munich Re acquires tech company relayr
    • Munich Re generates profit of €728m in second quarter
    • CFO Jörg Schneider to hand over to Christoph Jurecka at the end of the year
    • Fewer severe natural disasters in the first half of the year; overall losses below the average
    • New solutions for the future of manufacturing: MHP, KUKA and Munich Re present SmartFactory as a Service
    • High quarterly profit of €827m
    • Munich Re to pay out €1.3bn to shareholders
    • Munich Re projects good quarterly result of over €800m
    • Profit guidance of €2.1–2.5bn for 2018 – Share buy-backs to continue
    • Munich Re to pay stable dividend of €8.60 per share despite high hurricane losses – Slight improvement in reinsurance prices
    • Munich Re launches technology-based insurance solution centre in Beijing
    • Natural catastrophe review: Series of hurricanes makes 2017 year of highest insured losses ever

    2017

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    • Natural catastrophes dominate in third quarter – Significant market recovery expected
    • Hurricanes Harvey, Irma and Maria will cost Munich Re €2.7bn
    • Munich Re: Risk management benefits from a holistic view of risk and comprehensive solutions
    • Change to the Board of Management of Munich Re
    • Hurricane losses threatening Munich Re profit guidance for 2017
    • Munich Re developing cover for new risks – while Hurricane Harvey highlights insurance gap for natural catastrophes
    • Munich Re generates a profit of €733m in second quarter
    • Natural catastrophe review for the first half of 2017: A series of powerful thunderstorms in the USA causes large losses
    • Zimmerer joins Supervisory Board of Munich Re
    • Munich Re is a partner to PEF, a World Bank initiative to contain pandemic outbreaks in developing countries
    • Munich Re starts the 2017 financial year with a quarterly profit of €557m
    • Joachim Wenning takes over as Chairman of the Board of Management – Annual General Meeting approves increase in dividend to €8.60
    • Global insurance industry set to grow more strongly by 2018
    • Munich Re announces further share buy-back – profit guidance of €2.0–2.4bn for 2017
    • Munich Re posts profit of €2.6bn for 2016 and raises dividend to €8.60
    • Munich Re restructures responsibility for health business across the Group, and reduces the size of the Board of Management
    • Change to the Supervisory Board at Munich Re
    • Natural catastrophe losses at their highest for four years

    2016

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    • Munich Re acquires additional shares of Apollo Munich Health Insurance
    • Munich Re posts profit of €3.1bn for 2015 and raises dividend to €8.25
    • ERGO revises Group structure – Supervisory Board appoints Andree Moschner to Management Board
    • Loss potential from severe thunderstorms in Europe is increasing – New method for analysing loss data highlights the benefits of prevention
    • New CEO at Munich Re (Group)
    • Munich Re targets profit of €2.3–2.8bn in 2016
    • Beazley and Munich Re to offer enterprise-wide cyber protection for the digital assets of the world’s largest companies
    • Munich Re to pay out over €1.3bn to shareholders
    • Munich Re with a profit of €436m in the first quarter of 2016 – Result expectations adjusted to €2.3bn for full financial year 2016
    • ERGO presents Strategy Programme: Investing and saving towards a successful future
    • Loss review for the first half of 2016: Storms and earthquakes drive losses up
    • Munich Re posts a profit of around €1bn in the second quarter
    • Audiocast
    • Munich Re expands the boundaries of insurability
    • Munich Re posts profit of €684m in third quarter – Profit guidance of well over €2.3bn for 2016
    • Munich Re using big data to develop new coverage and services
    • El Niño curbs losses from natural catastrophes in 2015

    2015

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    • Munich Re posts profit of €3.2bn for 2014 and raises dividend to €7.75
    • Risk aggravated by persistent extreme weather conditions – “Topics GEO” analyses 2014 natural catastrophes
    • Munich Re targets profit of €2.5–3bn in 2015
    • ERGO publishes fourth Customer Report
    • ERGO publishes fourth Customer Report
    • Munich Re with dividend payout of almost €1.3bn
    • Planned changes at the helm of ERGO's Board of Management and on Munich Re's Board of Management
    • Munich Re kicks off 2015 with a quarterly profit of €790m
    • Change on the Board of Management of the ERGO Insurance Group
    • Markus Rieß confirmed to become CEO of ERGO and member of the Munich Re Board of Management
    • The review of natural catastrophes up to June is marked by earthquakes, and by a heatwave that caused a large number of fatalities in Asia
    • Changes to ERGO Insurance Group Board of Management
    • Munich Re raises profit guidance for 2015 to at least €3bn, with €1.1bn profit in second quarter
    • Audiocast
    • Munich Re drives innovation
    • Warren Buffett reduces his shareholding in Munich Re
    • Working together with clients and partners to find new insurance solutions for digitalisation
    • First academic study on Munich Re’s corporate history
    • Munich Re generates third-quarter profit of €525m in a challenging environment
    • ERGO sells Italian subsidiaries
    • ERGO acquires additional shares of HDFC ERGO
    • Review of natural catastrophes in 2014: Lower losses from weather extremes and earthquakes

    2014

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    • Overall picture of natural catastrophes in 2013 dominated by weather extremes in Europe and Supertyphoon Haiyan
    • Munich Re posts profit of €3.3bn for 2013 and raises dividend to €7.25
    • Munich Re: Changes on the Board of Management and proposals for election to the Supervisory Board
    • Munich Re targets profit of €3bn in 2014
    • Flood events in 2013 highlight the positive effect of defence measures
    • Munich Re with dividend payout of over €1.25bn
    • Munich Re starts the financial year 2014 with a quarterly profit of €924m
    • Economic upswing also means stronger growth in insurance markets
    • Comparatively few major natural catastrophe losses in first half-year
    • Munich Re confirms profit guidance for 2014 – Profit of €0.8bn in second quarter
    • Munich Re to acquire Calliden Insurance Operations in partnership with Australian broker group Steadfast
    • Audiocast
    • Munich Re banks on innovation and cycle management in a challenging environment
    • Increasing and changing weather risks call for risk management adjustments
    • Quarterly result of €738m – Profit guidance for 2014 to be exceeded slightly

    2013

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    • Media release
    • Media release
    • Munich Re post profit of €3.2bn for 2012 and raises dividend to €7.00
    • Munich Re introduces first performance guarantee insurance for LED modules
    • Munich Re optimistic for 2013 – Profit guidance of close to €3bn
    • Asia-Pacific will be the dominant driver of world insurance growth by 2020
    • Media release
    • Munich Re with dividend payout of over €1.25bn
    • Munich Re starts the financial year 2013 with a quarterly profit of €979m
    • Munich Re expects strong insurance-sector growth until 2020
    • Chief Risk Officer Joachim Oechslin to join the Executive Board of Credit Suisse Group
    • Floods dominate natural catastrophe statistics in first half of 2013
    • Munich Re well on track to achieve 2013 profit target with first half-year profit of €1.5bn
    • Munich Re to acquire US weather risks specialist
    • Munich Re to sell Windsor Health Group to WellCare Health Plans, Inc.
    • Despite additional capacity, Munich Re expects largely stable renewals at 1 January 2014 for its own portfolio
    • Munich Re appoints Bernhard Kaufmann Chief Risk Officer
    • Munich Re’s risk know-how supports prevention against natural catastrophes
    • Study shows positive economic effect of insurance against natural catastrophes, particularly in emerging countries
    • Quarterly result of €636m Munich Re announces share buy-back of €1bn
    • Floods and typhoons are the biggest weather risks in Eastern Asia

    2012

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    • Review of natural catastrophes in 2011: Earthquakes result in record loss year
    • New Munich Re cover insures PV module operators against manufacturer’s insolvency risk
    • Munich Re posts €0.71bn profit for challenging year 2011 – Stable dividend
    • 50th anniversary of storm surge in Hamburg: Subsequent flood controls prevent billions in losses
    • Media release
    • Munich Re with positive outlook for 2012 – Profit guidance of €2.5bn
    • Munich Re insures performance guarantees of CSP power plant manufacturer SkyFuel
    • Munich Re to pay out more than €1.1bn to shareholders
    • Munich Re starts the financial year 2012 with a quarterly profit of €782m
    • Lower natural catastrophe losses in the first half of 2012
    • Munich Re with strong earnings of €1.6bn for the first half-year 2012 in a difficult environment
    • Munich Re: Uncertain macroeconomic environment poses severe test for risk management
    • North America most affected by increase in weather-related natural catastrophes
    • Munich Re: Profitability in core insurance business is what counts in the low-interest-rate phase
    • Media release
    • Munich Re increases profit guidance for 2012 to around €3bn
    • Munich Re: Cyberattacks are a reality – Companies need to prepare themselves
    • Munich Re insures serial loss risk on offshore wind turbines
    • Munich Re insures performance guarantees of PV manufacturer Yingli
    • Change on the Munich Re Supervisory Board

    2011

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    • Overall picture of natural catastrophes in 2010 – Very severe earthquakes and many severe weather events
    • Munich Re successfully concludes acquisition of Windsor Health Group, Inc.
    • Catastrophe bond market attracts new investors Further growth expected in 2011
    • Munich Re posts profit of over €2.4bn for 2010 and raises dividend to €6.25
    • First guarantee insurance for wind power plants
    • Munich Re proposes Annika Falkengren for election to the Supervisory Board
    • Munich Re with positive balance for financial year 2010
    • Munich Re contributes to overcoming losses in Japan
    • Munich Re estimates claims burden from earthquake in Japan at around €1.5bn
    • Munich Re with dividend payout of over €1.1bn
    • Munich Re posts quarterly loss of €948m due to heavy claims burdens
    • Exorka, Mash and Munich Re cooperate on new geothermal energy project
    • Accumulation of very severe natural catastrophes makes 2011 a year of unprecedented losses
    • Munich Re provides first Japanese photovoltaic manufacturer warranty insurance to Solar Frontier
    • Media release
    • After outlier first quarter, Munich Re returns to accustomed profitability in second quarter of 2011
    • Ping An and Munich Re cooperate on renewable energy
    • Munich Re creates mor transparency for complex accumulation risks
    • Greater uncertainty a challenge to the insurance market - Munich Re well positioned
    • Media release
    • Munich Re with third-quarter profit of €290m in a difficult environment
    • New insurance solutions to protect states particularly vulnerable to climate change
    • Munich Re expects losses from floods in Thailand to total around €500m
    • Core group of countries needs to take lead on climate change

    2010

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    • Catastrophe bond market back to normal – Higher volumes at lower prices expected in 2010
    • Munich Re increases profit to €2.56bn in 2009 and raises dividend to €5.75
    • Benita Ferrero-Waldner appointed to Munich Re’s Supervisory Board
    • China’s booming economy – Natural hazard risks increase the importance of insurance
    • Munich Re increases profit by almost two-thirds in 2009
    • Munich Re reduces stake in Helvetia
    • Munich Re pays out nearly €1.1bn to shareholders
    • Munich Re starts the financial year 2010 with a quarterly profit of €485m
    • Munich Re sees unbroken upward trend in natural catastrophe costs – Chile earthquake loss forecast raised
    • Munich Re Climate Summit at Shanghai EXPO highlights risks and opportunities of climate change
    • First half of 2010 marked many severe natural catastrophes
    • Munich Re posts €1.2bn profit for first half-year 2010
    • Munich Re develops new insurance solution for oil catastrophes
    • Two months to Cancún climate summit / Large number of weather extremes as strong indication of climate change
    • Thomas Wellauer to leave Munich Re’s Supervisory Board
    • First Performance Warranty Insurance provided in the U.S. for Photovoltaic Panels
    • Protecting cooperatives and their low-income members in the Philippines against extreme weather events through microinsurance
    • Munich Re expects renewable energies to generate strong growth in premium volume in the German insurance market over the next ten years
    • Munich Re agrees to terms for acquisition of Windsor Health Group, Inc.
    • Munich Re raises profit guidance for 2010
    • Aon Benfield to bring together and manage new re/insurance consortium for sudden oil spills in U.S. waters
    • Munich Re invests in wind energy
    • Media release

    2009

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    • International Health segment under new management
    • Munich Re with clear profit for 2008 despite financial crisis
    • The German Federal Ministry for the Environment, the KfW Bankengruppe, and Munich Re promote deep geothermal drilling in Germany
    • Geo Risks Research: Storm surge major loss driver in 2008
    • Munich Re: Continuing on a solid path
    • Munich Re submits proposals for Supervisory Board election
    • Munich Re concludes purchase of Hartford Steam Boiler
    • Munich Re: Consistent risk management pays off in the crisis
    • New brand and structure for international health business
    • Munich Re reduces the concentration represented by its holding in the Admiral Group
    • Innovative non-life microinsurance launched in Indonesia
    • New risk assessment tool for life insurers
    • Munich Re starts the financial year 2009 with a quarterly profit of €420m
    • Measures needed to combat climate change – Conference hosted by Munich Re and the German Embassy in Rome
    • Munich Re, Marsh and Signet Solar cooperate on a new type of insurance solution
    • Media release
    • New insurance solutions for a low-carbon energy supply
    • 12 companies plan establishment of a "Desertec Industrial Initiative"
    • Heavy losses due to severe weather in the first six months of 2009
    • Munich Re posts €1.1bn profit for first half-year 2009
    • Munich Health launches health coaching in Abu Dhabi
    • Munich Re redefines its positioning in reinsurance: Emphasis on expanding risk knowledge and creating individual solutions for clients
    • Allfinanz offers new business processing and underwriting automation solutions for life insurers in German-speaking countries
    • Innovative renewable energy insurance facility introduced to cover risks in developing countries
    • Munich Re to resume share buy-back programme
    • Daman and Munich Re extend strategic partnership
    • Solvency II now the principal challenge for Europe's insurers
    • Joint venture Dii established and ready to take up work
    • Munich Re posts €1.8bn profit for the first nine months of 2009
    • Munich Re announces squeeze-out at ERGO
    • Ambitious climate protection targets are needed – or the cost of climate change will keep rising
    • Few major natural catastrophe losses in 2009: General trend confirmed by large number of weather extremes
    • Media release

    2008

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    • International Health segment under new management
    • Munich Re with clear profit for 2008 despite financial crisis
    • The German Federal Ministry for the Environment, the KfW Bankengruppe, and Munich Re promote deep geothermal drilling in Germany
    • Geo Risks Research: Storm surge major loss driver in 2008
    • Munich Re: Continuing on a solid path
    • Munich Re submits proposals for Supervisory Board election
    • Munich Re concludes purchase of Hartford Steam Boiler
    • Munich Re: Consistent risk management pays off in the crisis
    • New brand and structure for international health business
    • Munich Re reduces the concentration represented by its holding in the Admiral Group
    • Innovative non-life microinsurance launched in Indonesia
    • New risk assessment tool for life insurers
    • Munich Re starts the financial year 2009 with a quarterly profit of €420m
    • Measures needed to combat climate change – Conference hosted by Munich Re and the German Embassy in Rome
    • Munich Re, Marsh and Signet Solar cooperate on a new type of insurance solution
    • Media release
    • New insurance solutions for a low-carbon energy supply
    • 12 companies plan establishment of a "Desertec Industrial Initiative"
    • Heavy losses due to severe weather in the first six months of 2009
    • Munich Re posts €1.1bn profit for first half-year 2009
    • Munich Health launches health coaching in Abu Dhabi
    • Munich Re redefines its positioning in reinsurance: Emphasis on expanding risk knowledge and creating individual solutions for clients
    • Allfinanz offers new business processing and underwriting automation solutions for life insurers in German-speaking countries
    • Innovative renewable energy insurance facility introduced to cover risks in developing countries
    • Munich Re to resume share buy-back programme
    • Daman and Munich Re extend strategic partnership
    • Solvency II now the principal challenge for Europe's insurers
    • Joint venture Dii established and ready to take up work
    • Munich Re posts €1.8bn profit for the first nine months of 2009
    • Munich Re announces squeeze-out at ERGO
    • Ambitious climate protection targets are needed – or the cost of climate change will keep rising
    • Few major natural catastrophe losses in 2009: General trend confirmed by large number of weather extremes
    • Media release

    2007

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    • Munich Re on Winter Storm Kyrill: "Typical for a warm winter" Storms with such a dimension of loss occur more frequently in statistical terms than once in ten years
    • Munich Re Group: Pre-tax burden from Winter Storm Kyrill up to the order of €600m Insured market loss estimated at €5–7bn
    • Renewal of property-casualty treaty reinsurance business at 1 January 2007: Munich Re resolutely adheres to risk-adequate prices, terms and conditions Core business reinsurance with continued high profit potential
    • Munich Re signs declaration issued by Global Roundtable on Climate Change / Jeworrek: "Climate change calls for speedy action and international coordination"
    • Press release
    • Press release
    • Press release
    • New Chief Risk Officer: Joachim Oechslin
    • Press release
    • Press release
    • Munich Re securitises a further US$ 150m of hurricane risks / Innovative investment possibility for investors
    • Munich Re buys Bell & Clements Group
    • Munich Re Group and UniCredit: Cooperation extended to CEE region
    • Media release
    • Press release
    • Media release
    • Press release
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    • Press release
    • Munich Re Group: Munich Re America HealthCare and Cairnstone Solidify Relationship Through Purchase Agreement
    • Press release
    • Press release
    • Press release
    • Press release
    • Munich Re writes Retakaful business – Retakaful branch opens in Malaysia
    • press release
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    • Joint press release issued by HDFC and ERGO
    • Press release
    • Press release
    • Munich Re acquires Allfinanz, a leading provider of software for life insurance companies
    • Press release
    • Press release
    • Press release

    2006

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    • Property-casualty reinsurance: Renewal of treaty business at 1 January 2006
    • Two new Munich Re publications
    • Press release
    • Munich Re sets up new life reinsurance company in Moscow
    • Munich Re and Malik Management Zentrum St. Gallen develop self-assessment tool for top managers in the German legal sphere
    • 100 years of earthquakes since the San Francisco Earthquake in 1906
    • The United Nations unveils Principles for Responsible Investment at the New York Stock Exchange
    • Munich Reinsurance Company's Annual General Meeting today:
    • Business figures 1 January - 31 March 2006
    • Changes on Munich Re's Board of Management
    • Press release
    • Renewal of non-life reinsurance treaties at 1 January 2007: Munich Re continues its consistent underwriting policy
    • Munich Re wins licence in Malaysia to conduct ReTakaful business
    • Munich Re successfully introduces new IT platform in international reinsurance business
    • Piracy – Threat at sea
    • Press release
    • Press release
    • Changes on Munich Re's Board of Management
    • Managing risks more efficiently to create sustained added value" / Chief risk officers (CROs) meet for exchange of views in Munich
    • Munich Re realises capital market solution for risks assumed from the Zurich Financial Services Group / Placement of a catastrophe bond with a volume of US$ 190m to cover the risk of earthquakes in California
    • Press release

    2005

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    • Munich Re with new internet website
    • Press release
    • Munich Re Group: Consolidated profit for the year 2004 in a range between €1.7bn and €1.9bn after special writedowns by HVB Group – subject to the proviso that work on the financial statements is ongoing
    • Press release
    • Extensive Munich Re study: "Topics Geo – Annual Review: Natural Catastrophes 2004"
    • Press release
    • Munich Re – 125 years: Munich Re Foundation finances UN Chair and promotes international research, with focus on disaster prevention
    • Press release
    • Press release
    • Munich Re welcomes strategic initiative of HypoVereinsbank / "We will carefully review the share swap offered by UniCredit"
    • Press release
    • CHANCE : RISIKO opens at the Haus der Kunst / Munich Re exhibition to mark its 125th anniversary
    • "Line drawn under American Re's past": Increased expenditure of €0.4bn for the Munich Re Group due to high reserve strengthening of US subsidiary / Group's profit target for 2005 confirmed nevertheless
    • Changes on Munich Re's Board of Management
    • Press release
    • Press release
    • Press release
    • Munich Re Group accepts UniCredit's exchange offer for its shares in HypoVereinsbank
    • Munich Re to sell Karlsruher Insurance Group to Württembergische Leben
    • Press release
    • Munich Re further diversifies risk management instruments: €110m catastrophe bonds covering Western European windstorms placed in the capital markets
    • Press release

    2004

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    • Press release
    • Press release
    • Press release
    • Press release
    • Munich Re welcomes new management organisation in ERGO Insurance Group
    • Press release
    • Press release
    • Munich Re: Official opening of new office complex "Am Münchner Tor"
    • Press release
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    • In the run-up to the reinsurance renewals 2004/5: - Munich Re continues a selective underwriting polic - ... and anticipates a stable renewal season - €2bn result target reaffirmed
    • Strengthening of commitment to the Indian insurance market: Munich Re launches service company in Mumbai
    • Press release
    • Press release
    • Press Release
    • Declaration of compliance with the German Code of Corporate Governance
    • Press release

    Careers

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      By turning uncertainty into a manageable risk we enable fundamental change: ​​​​​​​At Munich Re, ambitions and abilities become powers that change the world.
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