Munich Re Group Changing Gear gg
Munich Re Group Changing Gear gg
Munich Re Group Changing Gear gg
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Backup: <strong>Re</strong>insurance<br />
Key figures <strong>Re</strong>insurance<br />
Overview<br />
<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong><br />
<strong>Re</strong>insurance1 2007 2006 2005 2004 2003<br />
Gross premiums written €bn 21.5 22.2 22.3 22.4 24.8<br />
Investments €bn 81 81.9 9 85 85.0 0 87 87.0 0 81 81.2 2 80 80.4 4<br />
Net technical provisions €bn 55.4 59.6 63.4 58.2 56.7<br />
<strong>Re</strong>serve ratio property-casualty % 272.0 280.9 295.8 243.8 205.0<br />
Large and very large losses (net) €m 1,340 854 3,293 1,201 1,054<br />
Thereof natural catastrophe losses €m 673 177 2,629 713 288<br />
Combined ratio property-casualty % 96.4 92.6 111.7 98.9 96.5<br />
Thereof natural catastrophe losses %-pts. 5.0 1.3 19.4 5.0 1.8<br />
1 Before elimination of intra-<strong>Group</strong> transactions across segments.<br />
Backup: <strong>Re</strong>insurance<br />
<strong>Re</strong>insurance portfolio<br />
Portfolio gives flexibility to react to trends and developments<br />
Total reinsurance business<br />
By region<br />
<strong>Re</strong>st of World<br />
North America<br />
8%<br />
24%<br />
Asia/Australasia<br />
11%<br />
<strong>Re</strong>st of Europe<br />
21%<br />
TOTAL GROSS WRITTEN PREMIUMS 2007 1<br />
€21.5bn<br />
1 Before elimination of intra-<strong>Group</strong> transactions across segments.<br />
UK<br />
21%<br />
Germany<br />
15%<br />
Thereof property-casualty reinsurance<br />
By type of reinsurance<br />
Facultative<br />
19%<br />
Non-proportional<br />
21%<br />
By line of business<br />
Proportional<br />
60%<br />
Other classes of business<br />
Fire<br />
13%<br />
28%<br />
TOTAL GROSS WRITTEN PREMIUMS 2007<br />
29<br />
1<br />
Accident<br />
4%<br />
Engineering<br />
Motor<br />
9%<br />
18%<br />
Marine,<br />
Aviation, Space<br />
Liability<br />
12%<br />
16%<br />
€14.2bn<br />
<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> – October 2008<br />
28<br />
<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> – October 2008
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