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Munich Re - Statistics & Facts

The Munich Re Group, also known as Munich Reinsurance Company, is a reinsurance company and insurance carrier based in the southern German city of Munich. It is one of the world’s leading reinsurance, and property and casualty insurance companies.

The company assumes part of the risk covered by the insurance companies counted among its clients. The ultimate goal of reinsurance is to reduce exposure to loss by passing on the risk to a reinsurer or a group of reinsurers. Munich Re provides cover for life, health, transport, casualty, space, fire and engineering. In 2019, Munich Re employed around 40 thousand people worldwide.

The value of gross premiums, and gross reinsurance premiums written by Munich Re increased in 2019. The company closed the financial year 2019 with net income amounting to around 2.7 billion euros. The insurance business of the group is carried out by ERGO, a subsidiary of Munich Re. ERGO deals with such insurance segments as health, life, international, property-casualty, direct and travel insurances.

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Munich Re

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Losses from natural disasters


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