Munich Re’s Annual General Meeting for the 2024 financial year approved a dividend of EUR 20 per share (vs 2023: EUR 15). The overall dividend payout amounts to about EUR 2.6 billion.

In its recent press release the Company noted than in 2024 financial year it had record-breaking net result of EUR 5.7 billion.

“Ending the 2024 financial year with a record-breaking net result of EUR 5.7 billion, we outperformed the previous year by around EUR 1 billion. In the context of our five-year strategy programme Ambition 2025, Munich Re’s earnings have seen a significant and sustained increase. This financial success is the fruit of our strict focus on performance, growth and earnings stability”, said Joachim Wenning, Chair of the Board of Management.

Looking ahead to 2025, the Chair of the Board of Management anticipated a result of EUR 6 billion. “If we succeed, our profit in the last year of Ambition 2025 will be more than twice as high as in the first”, said Joachim Wenning.