| Outlook 2025 | |
|---|---|
| Insurance revenue | mid single-digit percentage range1 | 
| Group net income | ~EUR 2,300m | 
| Return on equity | ~18.0%2 | 
Note:
Targets are relevant as of FY2025; targets are subject to large losses staying within their respective annual large-loss budgets as well as no occurrence of major turmoil on currency and/or capital market.

Note:
Targets are relevant as of FY2024; targets are subject to large losses staying within their respective annual large-loss budgets as well as no occurrence of major turmoil on currency and/or capital market; net income growth target until 2027 with a net income 2024 baseline of 1,977 EURm; dividend growth target until 2027 with a dividend 2024 baseline of 2.70 EUR; dividend per share for FY2027 paid in 2028; subject to supervisory board and AGM approval; CAGR (2024-27): Net income = ~10%, dividend = 14%