Company Profile - Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft

Introduction

Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re) is a provider of multi-line reinsurance products. The company offers reinsurance products for life, health, property, aviation, cyber risks, financial lines, financial risks, agriculture, capital markets, space, and workers’ compensation. Munich Re also offers primary insurance products to individuals and businesses through ERGO Group AG under the brands, including ERGO, D.A.S, DKV, American Modern, Nexible, and ERGO Direkt. It offers risk solutions, underwriting, and claims management services. The company offers asset management services through MEAG MUNICH ERGO Asset Management GmbH. Munich Rewrites its reinsurance business through brokers, strategic partnerships, and collaboration with primary insurance companies. It has a presence in Europe, the Americas, the Asia Pacific, Africa, and the Middle East. The company is headquartered in Munich, Germany. The company reported gross premiums written of EUR67,133 million for the fiscal year ended December 2022 (FY2022), an increase of 12.7% over that in FY2021. Its net earned premium was EUR63,462 million in FY2022, an increase of 15% over that in FY2021.