Munich Re

Munich Re, in German Münchener Rück, is one of the world's largest reinsurer companies with over 5000 companies in 160 countries and has its headquarters in Munich, Germany.

Munich Re was founded in 1880 by Carl Thieme, who also founded the Allianz insurance company, Germany's largest insurance company. Munich Re is the name as used by the company, short for the legal name Munich Reinsurance Company, or in German Münchener Rückversicherungs-Gesellschaft.

The quick and unbureaucratical handling of claims after the 1906 San Francisco earthquake was the beginning of Munich Re's path to becoming the world's largest reinsurer. Munich Re was one of the major insurers of the World Trade Centre in New York City that was destroyed on 11 September 2001.

Its Canadian office is in downtown Toronto. Its U.S. office is in Princeton, New Jersey.

External links

[Web site]
[Re 1Q Net Profit Rises 41 Percent] - Yahoo! News, 5/9/2006

Data

[Yahoo! - Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft Company Profile]

DAX companies of Germany
Adidas \| Allianz \| Altana \| BASF \| Bayer \| BMW \| Commerzbank \| Continental \| DaimlerChrysler \| Deutsche Bank \| Deutsche Börse \| Deutsche Post \| Deutsche Telekom \| E.ON \| Fresenius \| Henkel \| Hypo Real Estate \| Infineon Technologies \| Linde \| Lufthansa \| MAN \| METRO \| Munich Re \| RWE \| SAP \| Schering \| Siemens \| ThyssenKrupp \| TUI \| Volkswagen

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