Munich Re posts solid 2024 earnings and raises dividend

Munich Re reported strong results for its 2024 fiscal year, emphasizing disciplined underwriting and a moderate loss experience. The reinsurance business delivered a clear profit boost, supported by higher gross premiums compared with 2023 and a comfortable loss‑cost ratio.

The insurer also highlighted robust capital strength, with a solvency ratio well above regulatory minimums, and announced an increase in the dividend to a high single‑digit or low double‑digit euro amount per share. Market participants see the figures as a sign that Munich Re can maintain stability despite emerging climate‑related and large‑loss risks.