Munich Re posts quarterly result of €2.2bn

Munich Re recorded a strong second quarter 2026. The Group’s preliminary net profit of approximately €2.2bn significantly surpassed analysts’ consensus estimate of €1.786bn* for Q2 2026.

This result was buoyed by pleasing operational performance overall and very low major-loss expenditure in property-casualty reinsurance. At the same time Munich Re delivered a very strong investment result, which also made a significant contribution to ERGO’s exceptional net earnings of approximately €0.3bn.

Based on the net result of approximately €3.9bn for the first six months, Munich Re is firmly on track to meet its net result target of €6.3bn for the 2026 financial year. Munich Re will provide final Q2 2026 results on 7 August 2026 as scheduled.

* Mean value derived from the estimates of 13 financial analysts.