Munich Re is one of the world's leading reinsurance companies, headquartered in Munich, Germany. Founded in 1880, it provides insurance solutions to primary insurers, helping them manage risk and protect against large losses. The company operates globally, offering services in various sectors, including property, casualty, and life insurance.
In addition to reinsurance, Munich Re is involved in primary insurance through its subsidiary, ERGO Group. The company focuses on innovative risk management and sustainability, utilizing advanced data analytics to assess and mitigate risks. With a strong financial foundation, Munich Re plays a crucial role in the global insurance market.