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Munich Re Company profile

About Muenchener Rungs Ghft in Mnhn AG

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen is a Germany-based company engaged in reinsurance and insurance business. The Company divides its operations into five segments: Life and health reinsurance, which includes global life and health reinsurance business; Property-casualty reinsurance, which includes global property-casualty reinsurance business; ERGO Life and Health Germany, which includes German life and health primary insurance business, German property-casualty direct insurance business, and global travel insurance business; ERGO Property-casualty Germany, which includes German property-casualty insurance business, excluding direct business, and ERGO International, which includes ERGO’s primary insurance business outside Germany.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Muenchener Rungs Ghft in Mnhn AG revenues increased 8% to EUR69.26B. Net income applicable to common stockholders increased from EUR1.21B to EUR2.93B. Revenues reflect Insurance-related investment result increase from EUR105M to EUR1.12B. Net income benefited from Property-Casualty/Reinsurance segment income increase from EUR759M to EUR2.35B.

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