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2 February 2012

Munich Re Announces Updates to Life, Critical Illness and Disability Insurance Underwriting Manuals

Toronto, February 2, 2012 – Munich Reinsurance Company today announced important updates to its EDGE Life, Critical Illness and Disability insurance underwriting manuals. These updates introduce changes to the Life, Critical Illness and Disability insurance build tables and the Life diabetes sections, and reinforce Munich Re’s commitment to incorporate the most up-to-date data and information in its underwriting manuals.

Munich Re’s latest research has lead to some substantive changes to their build tables and calculators and the diabetes sections. Here is a sample of some of the changes:

  • The Life, CI and DI build tables yield more competitive assessments for BMIs of 35 to 40 and the maximum ratings have been extended allowing more offers.
  • The Life diabetes sections have been updated and expanded to provide better mortality management supported by the latest research.
  • Extensive reference material on diabetes has been added to the Life manual to provide the user with in-depth details on the course of disease, complications and related impairments.


The changes are available immediately to Munich Re customers with access to the EDGE manuals.



Disclaimer
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.

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Shawn Elliott, Assistant Vice President
Phone: +1 416 359 8015


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