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Great Lakes Australia - Munich Re

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Great Lakes Australia

Great Lakes Australia (GLA) is the Australian branch of Great Lakes Reinsurance (UK) PLC (Great Lakes).

Great Lakes Reinsurance (UK) PLC

Great Lakes Reinsurance (UK) PLC has launched an initiative which will see their headquarters moving from the UK to Munich, Germany for closer integration into group functions:

  • In Q2 2015, Great Lakes Reinsurance (UK) PLC will become a European Company, a Societas Europaea (SE) (‘Great Lakes Reinsurance (UK) SE’) but will still be domiciled in UK.
  • Then in Q1 2017, Great Lakes Reinsurance (UK) SE will move headquarters and some management functions to Munich. Also, at the same time, Great Lakes Reinsurance (UK) SE will change its name to Great Lakes Insurance SE. We will no longer refer to UK in our legal name and we will use this opportunity to reflect in our name that we are a specialist primary insurer.

We anticipate these changes will have minimal impact on our clients; our Australian operations and contacts will not change.

For more information, please visit the Great Lakes Reinsurance (UK) PLC website: http://www.munichre.com/en/reinsurance/contact/worldwide/europe/united-kingdom/great-lakes-uk/about-us/index.html

Great Lakes Australia

Great Lakes Australia (GLA) is the Australian branch of Great Lakes Reinsurance (UK) PLC (Great Lakes).

Great Lakes is licensed by the Australian Securities and Investments Commission (ASIC) and holds an Australian Financial Services Licence (AFSL No. 318603).

Great Lakes is authorised by the Australian Prudential Regulation Authority (APRA) to operate as a general insurer in Australia.

Great Lakes – our relationship with Munich Re
Great Lakes is a wholly owned subsidiary of the Munich Reinsurance Company (Munich Re).

GLA shares the excellent financial strength ratings of Munich Re. In addition, GLA has access to the experience and expertise of the Munich Re Group to facilitate the research and development of niche programmes for our clients.

History
Great Lakes was originally formed in Canada in 1951. Munich Re acquired the Toronto based company in 1975 and established Great Lakes in the UK in 1987 with the aim to access and better service the London market. Great Lakes Reinsurance (UK) PLC trading as Great Lakes Australia was registered as a foreign company (ARBN 127 740 532) in Australia on 31 October 2007.


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