trending Market Intelligence /marketintelligence/en/news-insights/trending/CFurrLsu3rU_Be1tHeWNjQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Munich Re outlines FY'19 profit expectations

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did

Munich Re outlines FY'19 profit expectations

Munich Re Co. anticipates profit for 2019 to be approximately €2.5 billion, of which about €2.1 billion is attributable to reinsurance and approximately €400 million to ERGO.

In property and casualty reinsurance, the company is aiming for an improved combined ratio of about 98% in 2019.

In the ERGO P&C Germany segment, an improved combined ratio of approximately 93% is anticipated. In the ERGO international segment, the combined ratio is expected to be about 95%.

Munich Re anticipates an investment result of approximately €6.5 billion for 2019, representing a return on investments of about 3%.

Assuming exchange rates remain stable, the reinsurer anticipates gross premiums written of approximately €49 billion in 2019, consisting of gross premium of about €31 billion in reinsurance and approximately €17.5 billion in ERGO.

Total premium income from ERGO is expected to come in at approximately €18.5 billion in 2019.

The reinsurer also announced a €1 billion share repurchase program and proposed to increase the dividend to €9.25 per share.