Munich American Reassurance Company │ Munich Re

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Munich Re Honored by United Way of Atlanta

Atlanta, February 27, 2015 – Munich American Reassurance Company, the U.S. life and disability reinsurance division of Munich Re, was recognized by the United Way of Greater Atlanta with an award for “Excellence in Campaign” for its 2014 United Way campaign. Munich Re was one of two financial services companies honored during the Breakfast of Champions fundraising event on February 20.


During its annual United Way fundraiser in November 2014, Munich Re employee pledges increased by 16 percent from 2013. In addition to soliciting donations, the campaign included employee activities that focused on the United Way’s key areas: income, homelessness, health, and education. Employees took time out of their work day to make housing kits, snack packs for children, and sandwiches for homeless individuals, as well as taking part in spirited contests and “Penny Wars.”


“I’m extremely proud of the way our United Way involvement has grown in the last few years,” said Mike DeKoning, President and CEO of Munich American Reassurance Company. “The annual United Way campaign gives our employees the opportunity to have little fun while making a real difference in the community where we live and work. Giving back to the community is one of our key company values.”


Since launching its annual United Way campaign in 2008, donations from Munich Re employees have grown by 61 percent and participation has increased from 50 percent to over 80 percent.

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Media Relations, Munich American Reassurance Company
Bill Skowronnek
Tel.: 770-350-3222

Munich American Reassurance Company, founded in 1959, is one of the largest reinsurers in the U.S. offering life and disability reinsurance to insurance companies throughout the United States. The company also writes group, credit and other reinsurance products. Headquartered in Atlanta, with an office in Chicago, Munich American is licensed, accredited or authorized in all fifty states; Washington, D.C.; Guam; and Puerto Rico.

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 2012, the Group – which combines primary insurance and reinsurance under one roof – achieved a profit of €3.2bn on premium income of around €52bn. It operates in all lines of insurance, with around 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 2012, ERGO posted premium income of €19bn. 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 €214bn 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.

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