Outlook

Outlook 2024
Insurance revenue
Upper single-digit percentage range
Group net income
> EUR 1,900m
Return on equity
>15.0%
Dividend per share
EUR 2,701 (to be paid in 2025)
subject to supervisory board and AGM approval
  1. 1) subject to supervisory board and AGM approval

Note:

All targets are subject to large losses not exceeding the large loss budget, no turbulences on capital markets, and no material currency fluctuations. In addition, the targets may be subject to fluctuations due to the application of the new IFRS 9 accounting.

Our mid-term financial targets for 2025-2027

Midterm-targets-for-2027-v

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 >1,900 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%