Munich Re banks on innovation and cycle management in a challenging environment

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14 September 2014 | Reinsurance

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Press conference Monte Carlo:
Munich Re banks on innovation and cycle management in a challenging environment

Note for the editorial staff:
For further questions please contact

Media Relations Munich, Anke Rosumek
Tel.: +49 (89) 38 91-23 38

Media Relations Asia, Nikola Kemper
Tel.: +852 2536 6936

Media Relations North America:
Beate Monastiridis-Dörr
Tel.: +1 (609) 235-8699
Terese Rosenthal
Tel.: +1 (609) 243-4339


Munich Re stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. This is how Munich Re creates value for clients, shareholders and staff. In the financial year 2013, the Group – which combines primary insurance and reinsurance under one roof – achieved a profit of €3.3bn on premium income of over €51bn. It operates in all lines of insurance, with almost 45,000 employees throughout the world. With premium income of around €28bn from reinsurance alone, it is one of the world’s leading reinsurers. Especially when clients require solutions for complex risks, Munich Re is a much sought-after risk carrier. Its primary insurance operations are concentrated mainly in the ERGO Insurance Group, one of the major insurance groups in Germany and Europe. ERGO is represented in over 30 countries worldwide and offers a comprehensive range of insurances, provision products and services. In 2013, ERGO posted premium income of €18bn. In international healthcare business, Munich Re pools its insurance and reinsurance operations, as well as related services, under the Munich Health brand. Munich Re’s global investments amounting to €209bn are managed by MEAG, which also makes its competence available to private and institutional investors outside the Group.


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.


Monte Carlo, 14 September 2014

Münchener Rückversicherungs-Gesellschaft
Aktiengesellschaft in München
Media Relations
Königinstraße 107
80802 München
Germany

Press conference Monte Carlo


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