Samiksha Jaiswal (Editor)

Munich Reinsurance America

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Founded
  
1917

Headquarters
  
Princeton, New Jersey, United States

Parent organizations
  
Munich Re, Munich Re America Corporation

Subsidiaries
  
Munich Health North America, Inc.

Profiles

Munich reinsurance america


Munich Reinsurance America (also called Munich Re America), formerly known as American Re Corporation before September 2006, is a major provider of property and casualty reinsurance in the United States. Munich Reinsurance America is a subsidiary of Munich Re. Founded in 1917, the company's headquarters is located in Princeton, New Jersey, with regional offices in San Francisco, Chicago and New York. Munich Reinsurance America, Inc. has earned an A+ financial strength rating from A.M. Best Company. The company offers solutions and services that provide clients protection from global issues such as climate change.

Contents

Munich re america day of service


Acquisition

In 1996 Munich Re acquired American Re for roughly $3.8 billion. Additional funds were needed to expand reserves for casualty and asbestos policies.

Divisions

  • Reinsurance Division
  • Specialty Markets
  • Corporate Insurance Partners
  • Affiliates

  • Hartford Steam Boiler Inspection and Insurance Company (HSB)
  • American Modern Insurance Group
  • These divisions help provide insurance in multiple sectors.

    References

    Munich Reinsurance America Wikipedia