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21 October 2013

Munich Re Introduces Breast Cancer Content in its EDGE Underwriting Manuals

Toronto, October 21, 2013 – In conjunction with Breast Cancer Awareness month, Munich Re Canada (Life) announced key enhancements to its EDGE Life and Disability Income (DI) underwriting manuals, including a groundbreaking breast cancer rating grid and inclusion of breast cancers into its tumour calculator.

“Breast cancer is the most common form of cancer amongst women, and, recently, medical science has made large strides in early detection and effective treatment,” says Marylou Dunn, Assistant Vice President and Chief Underwriter for Munich Re Canada (Life). “We thought it was a great opportunity for our underwriting guidelines to reflect the progress that’s been made in diagnosing and treating breast cancer.”

Using evidenced-based research, including SEER (Surveillance, Epidemiology and End Results) data, EDGE takes a unique approach that can, in many cases, lead to more competitive offers much sooner after treatment, many at standard rates.

“By expanding our recently-released tumour calculator to include breast cancer, we have taken advantage of the advancements made in detection and treatment,” says Bill Moore, Vice President, Underwriting and Medical Services, Munich American Reassurance Company. “With research demonstrating that more breast cancer survivors are insurable, EDGE can support more offers at standard rates, or utilize table ratings versus the temporary extra method when standard is not possible.”

The EDGE DI underwriting manual includes new/updated content and rating grids on osteoporosis, osteopenia, ankle fractures, ankle sprains/strains and ankle tendonopathies.

More information about the EDGE underwriting manuals can be found by going to http://edge.munichre.com/.

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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