Munich Re 2024 Solvency and Financial Condition Report: solvency ratio and eligible capital analysis

The Munich Re 2024 Solvency and Financial Condition Report published in April shows the group’s solvency ratio, based on the Solvency II public disclsoures, is 289%, a slight decrease from 2023 (292%).

Munich Re drivers of SCR ratio 2016 2024
SOURCE: Solvency II Wire Data

Both the SCR and EOF rose since last year, but the slightly larger increase in SCR has driven the solvency ratio decrease.

Munich Re eligible own funds 2016 2024
SOURCE: Solvency II Wire Data

Weekly Lunchtime Webinar: 2024 SFCRs weekly reporting update

Wednesday 16 & 23 April 2025, 12.00 UK / 13.00 CET
A weekly update on the state of the Solvency II and Solvency UK 2024 SFCR reports, including early market analysis from Solvency II Wire Data.