Munich Re2012年年度报告.pdf

1、Group Annual Report 2012Munich ReWE ADVANCE AS ONE1 Including Munich Healths primary insurance and reinsurance activities in the health market as at 31 December 2012.Munich Res global presence1*Singapore *Hong Kong*Reinsurance Primary insurance Reinsurance and primary insurance Munich Res presence W

2、orldwideMunich Res presence Europe-wide*Key figures(IFRS)1,2 Munich Re at a glance 2012 2011 2010 2009 2008Gross premiums written bn 52.0 49.5 45.5 41.4 37.8Net earned premiums bn 50.5 47.3 43.1 39.5 35.7Net expenses for claims and benefits bn 41.0 40.9 36.6 32.4 28.7Net operating expenses bn 12.6 1

3、2.0 11.1 10.2 9.1 Operating result m 5,350 1,180 3,978 4,721 3,834Taxes on income m 866 552 692 1,264 1,372Consolidated result m 3,211 712 2,430 2,564 1,579 Attributable to non-controlling interests m 16 10 8 43 24Earnings per share 17.98 3.94 13.06 12.95 7.74Dividend per share 7.00 6.25 6.25 5.75 5

4、.50Amount distributed m 1,254 1,110 1,110 1,072 1,073Share price at 31 December 136.00 94.78 113.45 108.67 111.00Munich Res market capitalisation at 31 December3 bn 24.4 17.0 21.4 21.5 22.9Book value per share 152.25 129.86 126.31 114.89 106.42 Investments bn 213.8 201.7 193.1 182.2 174.9Equity bn 2

5、7.4 23.3 23.0 22.3 21.1Return on equity%12.6 3.3 10.4 11.8 7.0Off-balance-sheet unrealised gains and losses4 bn 11.0 5.7 3.6 3.2 2.5Net technical provisions bn 186.1 181.2 171.1 163.9 157.1Balance sheet total bn 258.4 247.6 236.4 223.4 215.4Staff at 31 December 45,437 47,206 46,915 47,249 44,209Rein

6、surance 2012 2011 2010 2009 2008Gross premiums written bn 28.2 26.0 23.6 21.8 21.9Investments bn 83.8 79.5 83.7 76.8 78.4Net technical provisions bn 61.1 62.7 56.6 53.4 55.8Large and very large losses(net)m 1,799 5,048 2,228 1,157 1,507Natural catastrophe losses m 1,284 4,538 1,564 196 832Combined r