Munich Re

Munich Re Group
Munich Re
Native name
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München[1]
Company typeAktiengesellschaft
FWB: MUV2
DAX Component
IndustryFinancial services
Founded3 April 1880; 144 years ago (1880-04-03)[2]
HeadquartersMunich, Germany
Area served
Worldwide
Key people
Joachim Wenning (Chairman of the Board of Management), Nikolaus von Bomhard (Chairman of the supervisory board)
Products
Revenue€67.1 billion (2022)[3]
€3.58 billion (2022)[4]
€3.41 billion (2022)[5]
Total assets€298.5 billion (2022)[6]
Total equity€21.2 billion (2022)[7]
Number of employees
41,389 (2022)[8]
SubsidiariesErgo Group
HDFC ERGO General Insurance Company
Websitewww.munichre.com

Munich Re Group or Munich Reinsurance Company (German: Münchener Rück; Münchener Rückversicherungs-Gesellschaft) is a German multinational insurance company based in Munich, Germany. It is the world's largest reinsurer.[9] ERGO, subsidiary of Munich Re, serves as the primary insurance arm of the Group. Munich Re's shares are publicly listed. Munich Re is included in the DAX index at the Frankfurt Stock Exchange, the Euro Stoxx 50, and other indices.

  1. ^ "Börse Frankfurt". Archived from the original on 2019-10-06. Retrieved 2019-10-06.
  2. ^ "The early years – On the way to the top of the world (1880–1914)".
  3. ^ "Munich Re Group Annual Report 2022" (PDF).
  4. ^ "Munich Re Group Annual Report 2022" (PDF).
  5. ^ "Munich Re Group Annual Report 2022" (PDF).
  6. ^ "Munich Re Group Annual Report 2022" (PDF).
  7. ^ "Munich Re Group Annual Report 2022" (PDF).
  8. ^ "Munich Re Group Annual Report 2022" (PDF).
  9. ^ "Top 50 Global Reinsurance Groups". Reinsurance news. 1 May 2024. Retrieved 2024-05-01.