Munich Re2009年年度报告.pdf

1、MUNICH REGROUP ANNUAL REPORT 20091 Previous years fi gures adjusted pursuant to IFRS 3.62(see“Consolidation”)and to IFRS 8 and IAS 8(see“Changes in accounting policies”).2 Including amounts attributable to minority interests and policyholders.3 Before elimination of intra-Group transactions across s

2、egments.4 This includes own shares earmarked for retirement.Reinsurance3 2009 2008 2007 2006 2005Gross premiums written bn Investments bn Net technical provisions bn Reserve ratios property-casualty%Large and very large losses(net)m Natural catastrophe losses m Combined ratio property-casualty%Our s

3、hares 2009 2008 2007 2006 2005Earnings per share Dividend per share Amount distributed m Share price at 31 December Munich Res market capitalisation at 31 December4 bn Primary insurance3 2009 2008 2007 2006 2005Gross premiums written bn Investments bn Net technical provisions bn Reserve ratios prope

4、rty-casualty%Combined ratio property-casualty%41.4 37.8 37.3 37.4 38.2 4,721 3,834 5,573 5,877 4,156 1,264 1,372 801 1,648 1,014 2,564 1,579 3,923 3,519 2,751 43 24 83 94 72 182.2 174.9 176.2 176.9 177.2 11.8 7.0 15.3 14.1 12.5 22.3 21.1 25.3 26.3 24.3 3.2 2.5 0.8 1.9 2.6 163.9 157.1 152.4 153.9 154

5、.0 47,249 44,209 38,634 37,210 37,953 24.8 21.9 21.5 22.2 22.3 78.5 78.4 81.9 85.0 87.0 55.3 55.8 55.5 59.6 63.4 272.7 271.9 272.0 280.9 295.8 1,157 1,507 1,126 585 3,134 196 832 634 139 2,603 95.3 99.4 96.4 92.6 111.7 12.95 7.74 17.83 15.05 11.74 5.75 5.50 5.50 4.50 3.10 1,088 1,073 1,124 988 707 1

6、08.67 111.00 132.94 130.42 114.38 21.5 22.9 29.0 29.9 26.3 17.5 17.0 17.3 16.7 17.6 119.5 114.0 109.3 107.4 105.9 108.7 101.4 96.9 94.3 90.8 125.6 118.8 121.4 124.9 113.1 93.1 90.9 93.4 90.8 93.1Munich Re 2009 2008 2007 2006 2005Gross premiums written bn Operating result m Taxes on income m Consolid