» Home » Investor Relations

Outlook

Munich Re (Group)
Gross premiums written €49–50bn
(prev. €48–50bn)
Return on investment Slightly below 3.5%
(prev. slightly below 4%)
Profit Aiming for a positive Q4 and FY 2011 result
RoRaC target of 15% after tax over the cycle to stand

Reinsurance Primary insurance Munich Health
Combined ratio P-C
<97% over the cycle –
Not achievable in 2011
Combined ratio P-C
Slightly above 95%
(prev. <95%)
Positive earnings contribution while concluding consolidation phase
Gross premiums written
~€26.5bn (prev. ~€26bn)
Gross premiums written
~€17.5bn (prev. €17–18bn)
Gross premiums written
~€6bn

Status: 30 September 2011