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External auditor

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    EY GmbH & Co. KG Wirtschaftsprüfungsgesellschaft (EY) has been the external auditor of the annual and consolidated financial statements of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (Munich Reinsurance Company) and of the Group since 1 January 2020.

    EY duly audited the annual Group and Company financial statements and the combined management report as at 31 December 2023, and issued them with an unqualified auditor’s opinion. EY also reviewed the half-year financial report as at 30 June 2023.

    Appointment of the external auditor

    As of the 2022 financial year the Annual General Meeting appoints the external auditor.

    EY was appointed as the auditor and Group auditor, as well as the auditor for the solvency balance sheets, for the 2024 financial year respectively, and as auditor for the review of the condensed financial statements and the interim management report for the first half-year of the 2024 financial year, and for any additional mid-year financial information for the 2024 financial year and the first quarter of the 2025 financial year.

    Furthermore, the Annual General Meeting appointed EY as the auditor for the sustainability reporting according to the Corporate Sustainability Reporting Directive for the 2024 financial year in case that the national legislator provides for the appointment by the Annual General Meeting. Besides, the audit will take place in the form of a limited assurance engagement.

    Auditor for the audit of Company and consolidated financial statements for the financial year 2026

    Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich (Munich Reinsurance Company) has carried out a procedure to select the future auditor in accordance with Article 16(3) first subparagraph of Regulation (EU) No. 537/2014 of the European Parliament and of the Council of 16 April 2014.  

    On the recommendation of the Audit Committee, the Supervisory Board has decided to suggest KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG) for the audit of the single and consolidated financial statements and of the combined management report of Munich Reinsurance Company and Munich Re (Group) for the financial year 2026 (1 January 2026 to 31 December 2026). KPMG is also to be appointed as auditor of the Solvency II balance sheet at company and group level and for the review of the condensed interim consolidated financial statements and the interim group management report for the first half of the year and any additional interim financial information for the 2026 financial year.

    The Supervisory Board will submit a corresponding election proposal to the shareholders at the Annual General Meeting in 2026. With regard to the appointment of KPMG as auditor of any additional interim financial information for the first quarter of fiscal year 2026, the proposal would already be submitted to the Annual General Meeting in 2025.