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) 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.
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.
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.