<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> <strong>Annual</strong> <strong>Re</strong>port <strong>2006</strong> Notes_Other information (51) Proposal for appropriation of profit <strong>Munich</strong> <strong>Re</strong>insurance Company’s net retained profits for <strong>2006</strong> according to its financial statements prepared on the basis of the German Commercial Code amount to €1,033m (712m). The Board of Management will propose to shareholders at the <strong>Annual</strong> General Meeting that this profit be used for payment of a dividend of €4.50 (3.10) on each share entitled to dividend and that any residual amount be carried forward to new account. <strong>Munich</strong>, 6 March 2007 The Board of Management 212
<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> <strong>Annual</strong> <strong>Re</strong>port <strong>2006</strong> Notes_Affiliated companies Affiliated companies, participating interests and other shareholdings * Company % share Equity <strong>Re</strong>sult for of the year capital €’000 ** €’000 ** <strong>Re</strong>insurance, consolidated subsidiaries <strong>Munich</strong> <strong>Re</strong> America Corporation, Wilmington, Delaware 100.00% 2,801,167 –1,241,297 Great Lakes <strong>Re</strong>insurance (UK) PLC, London 100.00% 321,502 43,961 Münchener Rück Italia S. p. A., Milan 100.00% 202,992 13,493 <strong>Munich</strong> American <strong>Re</strong>assurance Company, Atlanta, Georgia 100.00% 1,034,186 29,432 <strong>Munich</strong> Holdings of Australasia Pty. Ltd., Sydney 100.00% 42,597 42,647 <strong>Munich</strong> <strong>Re</strong>insurance Company of Australasia Ltd, Sydney 100.00% 78,000 6,201 <strong>Munich</strong> <strong>Re</strong>insurance Company Life <strong>Re</strong>insurance Eastern Europe / Central Asia, Moscow 100.00% 9 0 <strong>Munich</strong> <strong>Re</strong>insurance Company of Africa Ltd, Johannesburg 100.00% 127,709 26,761 <strong>Munich</strong> Mauritius <strong>Re</strong>insurance Co. Ltd., Port Louis 100.00% 1,668 4,644 <strong>Munich</strong> <strong>Re</strong>insurance Company of Canada, Toronto 100.00% 204,426 50,777 New <strong>Re</strong>insurance Company, Geneva 100.00% 488,397 69,021 Temple Insurance Company, Toronto 100.00% 99,595 24,058 <strong>Re</strong>insurance, associates Prévoyance Ré, S.A., Paris 34.00% 26,448 911 Primary insurance, consolidated subsidiaries ERGO Versicherungsgruppe AG, Düsseldorf 94.69% 2,446,307 468,327 Victoria General Insurance Company S. A., Athens 94.69% 20,437 1,369 Victoria Krankenversicherung Aktiengesellschaft, Düsseldorf *** ) 94.69% 60,043 9,250 Victoria Lebensversicherung Aktiengesellschaft, Düsseldorf *** ) 94.69% 739,403 162 Victoria Life Insurance Company S. A., Thessaloniki 94.69% 5,886 5 Victoria Pensionskasse AG, Düsseldorf *** ) 94.69% 55,267 –3,884 Victoria Versicherung Aktiengesellschaft, Düsseldorf *** ) 94.69% 529,530 0 Victoria-Seguros de Vida, S. A., Lisbon 94.69% 22,048 2,213 Victoria-Seguros S. A., Lisbon 94.69% 17,470 4,134 VICTORIA-VOLKSBANKEN Poist´ovna, a.s., Bratislava 64.89% 7,294 158 VICTORIA-VOLKSBANKEN pojist´ovna, a.s., Prague 64.79% 11,016 752 VICTORIA-VOLKSBANKEN Versicherungsaktiengesellschaft, Vienna 70.66% 43,531 3,751 Vorsorge Lebensversicherung Aktiengesellschaft, Düsseldorf 94.69% 24,960 2,490 Vorsorge Luxemburg Lebensversicherung S. A., Munsbach 94.69% 8,674 1,987 Hamburg-Mannheimer N.V./S. A., Brussels 94.69% 25,678 –9,631 Hamburg-Mannheimer Pensionskasse AG, Hamburg 94.69% 62,253 –3,242 Hamburg-Mannheimer <strong>Re</strong>chtsschutzversicherungs-Aktiengesellschaft, Hamburg *** ) 94.69% 13,325 85 Hamburg-Mannheimer Sachversicherungs-Aktiengesellschaft, Hamburg *** ) 94.69% 262,951 0 Hamburg-Mannheimer Versicherungs-Aktiengesellschaft, Hamburg *** ) 94.69% 404,708 0 DKV BELGIUM S. A., Brussels 94.69% 35,373 5,843 DKV Deutsche Krankenversicherung Aktiengesellschaft, Cologne *** ) 94.69% 466,682 1,106 DKV Luxembourg S. A., Luxembourg 71.01% 15,856 1,793 DKV Seguros y <strong>Re</strong>aseguros, Sociedad Anónima Española, Saragossa 94.69% 66,057 9,649 Unión Médica la Fuencisla, S. A., Compañia de Seguros, Saragossa 94.69% 6,594 341 D.A.S. Deutscher Automobil Schutz Allgemeine <strong>Re</strong>chtsschutz-Versicherungs-Aktiengesellschaft, <strong>Munich</strong> *** ) 94.69% 221,591 1,287 D.A.S. Deutscher Automobil Schutz Versicherungs-Aktiengesellschaft, <strong>Munich</strong> *** ) 94.69% 44,299 0 D.A.S. Nederlandse <strong>Re</strong>chtsbijstand Verzekeringmaatschappij N.V., Amsterdam 48.29% 34,917 14,984 213
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