Munich Re targets EUR5bn net profit for 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Munich Re targets EUR5bn net profit for 2024


Munich Re has set a net-profit target of EUR5bn ($5.49bn) for 2024 and announced that group insurance revenue is expected to reach EUR59bn next year.

The (re)insurer also predicted its return on investment would improve “noticeably” next year, to more than 2.8%.

For its reinsurance business, Munich Re expects an expansion of insurance revenue to EUR39bn and a net profit of EUR4.2bn,

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article