Münchener Rückversicherungs-Gesellschaft AG, known internationally as Munich Re, is a Germany-based insurance group whose core business is reinsurance. Through its reinsurance operations, the company helps insurance providers manage and transfer risks arising from natural catastrophes, climate-related events, large property losses, liability claims, health expenses, and other complex exposures.
Munich Re also operates a primary insurance business through ERGO Group. ERGO provides insurance and related financial services to individuals and businesses, including life, health, property and casualty, legal expenses, and travel insurance. The group also offers risk-management, advisory, and specialty insurance solutions designed for corporate and industrial clients.
Founded in Munich in 1880, Munich Re has developed into an international insurance group serving clients across Europe, North America, Asia-Pacific, and other global markets. Its activities include traditional treaty and facultative reinsurance, as well as specialized coverage for emerging and difficult-to-insure risks. Joachim Wenning has served as the company’s chief executive officer since 2017.
AI Generated. May Contain Errors.
Free MURGY Stock Alerts