Company Profile For Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen

Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (MUVGn.DE) (Xetra)
sector: Financials · industry: Reinsurance ·
As of  4:35pm GMT
105.25EUR
Price Change
+0.04
Percent Change
+0.04%
 
 
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Overview

Muenchener Rueckversicherungs-Gesellschaft AG (Munich Re) is a Germany-based reinsurance company which is active worldwide. Its core businesses are reinsurance, primary insurance and asset management. The Company is structured into six divisions. The divisions Life and HealthCare underwrite its international life and health reinsurance business. Europe and Latin America Division is responsible for property-casualty business of clients from Europe, except Germany, and Latin America. The Germany, Asia Pacific and Africa Division includes property-casualty business with German clients and with cedents in Africa, Asia, Australia and the Pacific Islands. Special and Financial Risks (SFR) Division is responsible for credit, aviation and space, enterprise/contingency and political risks. Global Clients and North America Division handles international business and special classes. Company’s Corporate Underwriting Division is an independent entity without responsibility for operative business.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Muenchener Rueckversicherungs-Ges. AG's total revenue increased 17% to EUR39.73B. Net profit for the period increased 29% to EUR1.77B. Total revenue reflects a significant increase in net premiums written in the Reinsurance - Life and health business division. Net profit for the period benefited from lower financial expenses.

Company Address

Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
Koeniginstrasse 107
Munich     80802
P: +4989.38910
F: +4989.399056

Total Employees

47462

Find Out More About MUVGn.DE

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