)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Munich Re (MUV2) investor relations material
Munich Re Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary8 Aug, 2025
Executive summary
Net income for H1 2025 was €3.2bn, with return on equity at 19.7%, reflecting strong performance across all business lines despite Q1 catastrophe losses and currency headwinds.
Insurance revenue rose 1.9% year-over-year to €30.6bn, driven by organic growth in life and health reinsurance and ERGO International, despite negative currency effects.
All segments—P&C Reinsurance, Global Specialty Insurance, Life Reinsurance, and ERGO—contributed positively, with diversification reducing earnings volatility.
Group equity fell to €30.8bn at 30 June 2025, mainly due to dividend payout and share buybacks.
Capital position remains robust, supporting organic growth, acquisitions, and shareholder returns.
Financial highlights
H1 2025 net result: €3.18bn, down 14.4% year-over-year; Q2 net result: €2.09bn, up 30.2% year-over-year.
H1 2025 insurance revenue: €30.6bn (+1.9% year-over-year); Q2: €14.8bn (-1.2% year-over-year).
Return on equity for H1 2025: 19.7%; investment result: €3.51bn, return on investment 3.0%.
Solvency II ratio stable at 287%.
Debt leverage at 10.8% as of 30 June 2025.
Outlook and guidance
Net result target for 2025 unchanged at €6.0bn; insurance revenue guidance lowered to €62bn due to currency and business developments.
Combined ratio targets for 2025: P&C reinsurance 79%, Global Specialty Insurance 90%, ERGO Germany 89%, ERGO International 90%.
Life and health total technical result expected at €1.7bn.
Management remains confident for H2 2025 but notes increased uncertainty from macroeconomic and geopolitical factors.
New financial ambition to be communicated at Investor Day in December.
How did US trade policy impact global markets?
Why did Life/Health reinsurance technical result fall?
What drove ERGO International revenue growth?
What fuels P&C Re market stabilization?
Why Q2 Life Re large loss volatility?
GSI growth drivers beyond FX impact?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Munich Re earnings date
Q3 202511 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Munich Re is a leading global reinsurer with a tradition of setting new standards. It is the world's largest reinsurer, with a superior track record, based on reliable and consistent results for over 150 years. Munich Re has its headquarters in Munich, Germany. The company operates through its subsidiaries in more than 50 countries around the world, but mainly in the Americas, Asia Pacific and Europe.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage