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Download PDF version - Munich Re

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Münchener Rückversicherungs-Gesellschaft<br />

<strong>Re</strong>port for the 116th Year of Business<br />

1st July 1995 to 30th June 1996<br />

The <strong>Munich</strong> <strong>Re</strong> page 5<br />

Supervisory Board page 6<br />

<strong>Re</strong>port of the Supervisory Board page 7<br />

Board of Management page 9<br />

To our Shareholders page 10<br />

<strong>Re</strong>port of the Board of Management page 13<br />

– <strong>Re</strong>insurance page 14<br />

The insurance markets page 18<br />

Classes of business page 25<br />

Our financial strength page 33<br />

– Direct insurance page 34<br />

– Investments page 37<br />

– Our staff page 39<br />

– Prospects page 40<br />

Topical subjects in reinsurance page 43<br />

Consolidated accounts as at 30th June 1996<br />

– Summary of the most important figures page 52<br />

– Consolidated balance sheet page 54<br />

– Consolidated profit and loss account page 56<br />

– Notes on the consolidated accounts page 59<br />

Company accounts as at 30th June 1996<br />

– Summary of the most important figures page 78<br />

– Balance sheet page 80<br />

– Profit and loss account page 83<br />

– Notes on the accounts page 84<br />

Proposal for appropriation of profit page 97<br />

Auditor’s report page 97<br />

Development of business results page 98<br />

Note: The abbreviation TDM used in this report stands for thousand Deutschmarks.

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