Munich Re
Insurance Company
Munich Re's Q3 net income jumps to euro644 million...spreading risk so the system can handle large or widespread losses. Munich Re also operates Ergo, one of Germany's biggest insurers, and Munich Reinsurance America Inc. "We have continued to gear our operations resolutely to profitability... In this article: Munich Re, Revenue, All rights reserved, Munich, Germany, and Associated Press |
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FT.com - Companies | October 01, 2009
Munich Re to buy back up to EUR1bn of shares
...of the share price when the announcement was made. Munich Re shares rose more than 3 per cent early on Thursday to EUR112.55, the highest rise among the 30 companies in Germany's Dax index. The plan reflects the fact that - with some...
In this article: Balance sheet, AIG, Frankfurt, and Germany
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Indiana Times - The Economic Times | September 21, 2009
Wipro brings SAP ex-CEO Kagermann on board
...former CEO Nortel Networks in July, 2006. Besides Wipro, Mr Kagermann is currently a member of the supervisory boards of Deutsche Bank AG, Munich Re, Deutsche Post in Germany and in Nokia Corporation. Prior to joining Acatech, Mr Kagermann...
In this article: Henning Kagermann, Wipro, SAP AG, Azim Premji, N Vaghul, Nortel Networks, and Deutsche Post
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Miami Herald - Breaking News | September 03, 2009
Munich Re considers resuming share buybacks
...Friday. MUNICH, Germany -- German reinsurance company Munich Re AG expects more moderate growth in the economy "very soon" and may resume its share buyback program if markets keep improving, the chief financial officer said. In an...
In this article: Munich Re AG, Garmin Ltd., Vivendi SA, Warren Buffett, Revenue, Pernod Ricard SA, Berkshire Hathaway, Intel Corp., and Malaise
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The Australian | August 03, 2009
Munich Re profit soars 14pc
...($1.18 billion). Higher premium income and a substantial rise in net investment returns helped bring about the result at Munich Re, one of the largest reinsurers by gross premiums worldwide, alongside Swiss Reinsurance. Munich Re said a...
In this article: Recession, Australian Stock Exchange, Westpac, Iphone, Swiss Reinsurance, Australia, and Germany
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Centre Daily Times | September 03, 2009
CentreDaily.com - Munich Re considers resuming share buybacks
CentreDaily.com - Munich Re considers resuming share buybacks MUNICH, Germany - German reinsurance company Munich Re AG expects more moderate growth in the economy "very soon" and may resume its share buyback program if markets keep...
In this article: Munich Re AG, Atlantic, Munich, Balance sheet, Revenue, Canada, and California
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Wikipedia | October 03, 2009
Munich Re
...Germany's largest insurance company. Munich Re is the name as used by the company, short for the legal name Munich Reinsurance Company, or in German Munchener Ruckversicherungs-Gesellschaft. The quick and unbureaucratic handling of...
In this article: Munich Re AG, 1906 San Francisco Earthquake, World Trade Center, Munich, Germany, Toronto, and New York City
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Full print edition | July 08, 2009
Solar power and the Sahara desert: The start of something big?
...of Austria could supply the world. A meeting on July 13th might get the ball rolling. Munich Re, the world's largest reinsurance company, has invited 20 large companies (including Siemens, Germany's engineering giant; power suppliers RWE and...
In this article: RWE, Europe, E.ON, Deutsche Bank, Siemens, Germany, and Africa
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Wikipedia | October 22, 2007
Jordan Insurance Company
..."Sehtak Kanz" discount card, and a roadside assistance program. The company is listed on the Amman Stock Exchange's ASE Weighted Index with the symbol "JIC". 10% of the company's stock is owned by Munich Re, a reinsurance company in Germany.
In this article: Amman Stock Exchange, Jordan Insurance Company, ASE Weighted Index, and Germany
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www.washingtonpost.com | February 25, 2008
Munich Re's 4Q Slips on Lower Income
...last. Despite the decline in profit, Munich Re, which operates Ergo, one of Germany's biggest insurers, and Munich Reinsurance America Inc., allayed investors' fears that the subprime mortgage crisis could affect its results.
In this article: Revenue, Risk management, Tax, Frankfurt, and Munich
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Description from Wikipedia:
Munich Re AG, in German Münchener Rück AG (FWB: MUV2), is the world's largest reinsurance company with over 5,000 customers in 160 countries and has its headquarters in Munich, Germany.
Munich Re was founded in 1880 by Carl von Thieme, who also founded the Allianz insurance company, Germany's largest insurance company. Munich Re is the name as used by the company, short for the legal name Munich Reinsurance Company, or in German Münchener Rückversicherungs-Gesellschaft.
The quick and unbureaucratic handling of claims after the 1906 San Francisco earthquake was the beginning of Munich Re's path to becoming the world's largest reinsurer.
Munich Re was one of the major insurers of the World Trade Center in New York City that was destroyed on 11 September 2001.
Its Canadian office is in Toronto. Its U.S. office is in Princeton, New Jersey. Its UK offices are in Canary Wharf and Fenchurch Street.
- Name:
- Munich Re Group
- Industry:
- Financial services
- Products:
- Reinsurance, primary insurance, asset management
- Revenue:
- €46.13 billion
- Operating Income:
- €3.262 billion
- Net Income:
- €1.503 billion
- Assets:
- €215.4 billion
- No. of Employees:
- 44,200
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