Munich Re, Canada (Life)

Developing innovative and customized reinsurance solutions for all lines of life and health insurance

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    Leading the industry since 1957

    Munich Re entered the Canadian reinsurance market in 1957. Today, our Life and Health reinsurance team serves clients across Canada and in the Caribbean from offices in Toronto and Montreal. We are a leading reinsurer in Canada in all lines of Life and Health reinsurance.
    $7.1bn
    Assets owned by our Canadian branch in 2022 (CAD)
    A+
    With a Stable outlook according to A.M. Best for over 5 years
    $20bn
    in claims settled since 2005

    Our philosophy

    We are committed to providing a superior level of service to our clients through our expertise, global resources, and financial strength. Our promise is to listen to your needs and to deliver solutions tailored to your business. Our market share in Canada is testimony to the relationships we have built with our clients. 
    Munich Re is committed to state-of-the-art enterprise risk management. We define our processes not only in order to comply with regulatory requirements, but to firmly embed them into our day-to-day business. It is our management of risk that is the foundation for long-term financial strength and stable earnings and what ensures we can deliver our value proposition to our clients, shareholders and staff.
    Our business is written by a well-established full service branch within the Munich Re Group. As such, all reinsurance arrangements are supported by the financial strength of the OSFI regulated branch as well as the BaFin regulated company. Our clients are protected not only by the direct financial strength of the Munich Re, Canada (Life) branch, but also by the financial strength of the Munich Re Group.

    Corporate responsibility

    The Munich Re Group is committed to maintaining sustainable development in order to protect the environment and meet its social obligations

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