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15 October 2012

Munich Re Launches Enhancements to its EDGE Life Underwriting Manual

Toronto, October 15, 2012 – Munich Re Canada (Life) today announced key updates to its EDGE Life underwriting manual, including its mature age calculator. Launched earlier this year, the mature age calculator introduced an innovative approach to underwriting life insurance for mature ages of 70 and above. Enhancements to the calculator include cognitive function, laboratory results and history of fractures.

“This enhancement provides an expanded measure of protection in underwriting risk assessment of mature ages,” says Joan Tolan, Vice President, Underwriting, North America (Life), Munich Re. “By making these significant changes to an already pioneering approach to mature age underwriting, EDGE continues to establish itself as one of the most comprehensive life underwriting manuals in North America.”

In addition to the enhancements to the mature age calculator, new sections on restrictive and dilated cardiomyopathy, myocarditis and chronic pain will be introduced with this update.

“The continuous review and assessment of EDGE through our biometric and medical research allows us to develop updates and enhancements that keep up with client and market demands,” says Bill Moore, Vice President, Underwriting and Medical Services, Munich American Reassurance Company. “These recent updates, along with new non-medical updates coming in the near future, reinforce our underwriting expertise in delivering a manual that supports informed and factual underwriting decisions.”

Changes to the EDGE life underwriting manual are available on October 15, 2012.

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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