Munich Re: Difference between revisions
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[[Image:Münchener Rück, Hauptgebäude.jpg|thumb|250px|Headquarters in [[Munich]]]] |
[[Image:Münchener Rück, Hauptgebäude.jpg|thumb|250px|Headquarters in [[Munich]]]] |
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'''Munich Re''', in [[German language|German]] '''Münchener Rück''', is the world's largest [[reinsurance]] company based in [[Munich]], [[Germany]]. |
'''Munich Re''', in [[German language|German]] '''Münchener Rück''', is the world's second largest [[reinsurance]] company based in [[Munich]], [[Germany]]. |
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Munich Re was founded in [[1880]] by [[Carl Thieme]], who also founded the [[Allianz]] 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'''. |
Munich Re was founded in [[1880]] by [[Carl Thieme]], who also founded the [[Allianz]] 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'''. |
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Revision as of 16:52, 10 March 2006
Munich Re, in German Münchener Rück, is the world's second largest reinsurance company based in Munich, Germany.
Munich Re was founded in 1880 by Carl Thieme, who also founded the Allianz 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.
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