Below are the financial statements of Munich Re, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Intangible assets | — | — |
| Goodwill | 3,443a | 3,184a |
| Other intangible assets | 819a | 900a |
| Reinsurance contracts held that are assets | 4,123a | 4,014a |
| Insurance contracts issued that are assets | 7,208a | 7,193a |
| Investments | — | — |
| Non-financial investments | — | — |
| Investment property | 10,189a | 9,384a |
| Property, plant and equipment | 405a | 511a |
| Intangible assets | 74a | 128a |
| Biological assets | 1,202a | 828a |
| Inventories | 12a | 0a |
| Investments in affiliated companies, associates and joint ventures | 5,266a | 6,895a |
| Thereof: associates and joint ventures accounted for using the equity method | 4,701a | 6,409a |
| Financial investments | 213,569a | 200,715a |
| Investments for unit-linked life insurance | 9,186a | 8,280a |
| Insurance-related financial instruments | 9,563a | 9,872a |
| Receivables | — | — |
| Current tax receivables | 690a | 1,920a |
| Financial receivables | 4,204a | 3,841a |
| Other receivables | 1,703a | 1,382a |
| Cash and cash equivalents | 6,116a | 5,595a |
| Deferred tax assets | 2,664a | 2,743a |
| Other assets | 5,304a | 5,962a |
| Non-current assets held for sale | 774a | 446a |
| Total assets | 286,515a | 273,793a |
| Equity and liabilities | — | — |
| Equity | — | — |
| Issued capital and capital reserve | 7,422a | 7,424a |
| Retained earnings | 19,137a | 17,906a |
| Other reserves | 397a | -286a |
| Net result attributable to Munich Reinsurance Company equity holders | 5,685a | 4,606a |
| Non-controlling interests | 104a | 122a |
| Subordinated liabilities | 6,321a | 4,713a |
| Reinsurance contracts held that are liabilities | 523a | 436a |
| Insurance contracts issued that are liabilities | — | — |
| Liability for remaining coverage | 132,588a | 132,979a |
| Liability for incurred claims | 89,702a | 81,167a |
| Other technical liabilities | 7a | 7a |
| Other provisions | 2,760a | 2,766a |
| Liabilities | — | — |
| Derivatives | 1,274a | 1,379a |
| Non-derivative financial liabilities | 4,099a | 4,161a |
| Current tax liabilities | 2,179a | 2,657a |
| Other liabilities | 12,320a | 11,242a |
| Deferred tax liabilities | 1,973a | 2,241a |
| Liabilities related to non-current assets held for sale | 23a | 274a |
| Total equity and liabilities | 286,515a | 273,793a |
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