Founded 1917 | ||
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.
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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
Affiliates
These divisions help provide insurance in multiple sectors.