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Backup: Financial reporting Q1–2 2008<br />

Key figures Q1–2 2008 – Major claims<br />

Both man-made and NatCat losses significantly above 5-year average<br />

Q1–2 2008<br />

€m<br />

Q1–2 Q<br />

20041 Q1–2<br />

20051 Q1–2<br />

20062 Q1–2<br />

20073,4 Q1–2<br />

20083 20083 5-year<br />

average<br />

279<br />

412<br />

418<br />

615<br />

777<br />

500<br />

71<br />

Man-made Natural catastrophes<br />

279<br />

262<br />

349<br />

150<br />

544<br />

69<br />

352 425<br />

263 237<br />

1 Major losses over €5m each; excl. run-off-profits.<br />

2 Major losses over €5m each; incl. run-off-profits.<br />

3 Major losses over €10m each; incl. run-off-profits.<br />

4 Changed compared with earlier announcement.<br />

Backup: Financial reporting Q1–2 2008<br />

Q2 2008 4<br />

€m<br />

Q2 Q<br />

20041 Q2<br />

20051 Q2<br />

20062 Q2<br />

20073 Q2<br />

20083 20083 5-year<br />

average<br />

112<br />

161<br />

144<br />

77<br />

199<br />

139<br />

<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong><br />

Man-made Natural catastrophes<br />

–9<br />

112<br />

100 61<br />

153<br />

–43 120<br />

120<br />

89 50<br />

Key figures Q1–2 2008 – Investment result<br />

Significant impact of impairments and lower net gain on disposals<br />

Q2 2008<br />

€m<br />

<strong>Re</strong>gular income 2,294 5.4%<br />

Other income/expenses –181 –0.4%<br />

Gains/losses on the disposal of investments 134 0.3%<br />

Write-downs/write-ups of investments –671 –1.6%<br />

Investment result 1,576 3.7% 2<br />

Q1–2 2008<br />

€m<br />

<strong>Re</strong>gular income 4,064 4.8%<br />

Other income/expenses –513 –0.6%<br />

Gains/losses on the disposal of investments 876 1.0%<br />

Write-downs/write-ups of investments –1,164 –1.4%<br />

Investment result 3,263 3.8% 2<br />

Major driver of deterioration 2<br />

1 <strong>Re</strong>turn on quarterly weighted investments (market values) in % p.a.<br />

2 <strong>Re</strong>turn incl. change in on- and off-balance-sheet reserves: –3.0% for Q1–2 2008 and –6.7% for Q2 2008. 3 For details, see next slides.<br />

3<br />

Major driver of deterioration 13 79<br />

<strong>Re</strong>turn 1<br />

<strong>Re</strong>turn 1<br />

<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> – October 2008<br />

48<br />

<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> – October 2008<br />

49

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