Business Services Industry

[M] Annual BI directory of worldwide reinsurers.(Munich Re Group)(Brief Article)(Statistical Data Included)

Business Insurance, August, 2000

Munich Re Group Koeniginstrasse 107, Munich, 80802 Germany; 49-89-3891-0; fax: 49-89-399056 www.munichre.com 1999 1998 Premiums written $14,402,366,000 $14,863,280,000 Premiums earned $14,390,629,000 $14,884,520,000 Capital/surplus $19,690,418,000 $19,073,520,000 Net income $1,208,911,000 $1,416,000,000 Losses $11,813,824,000 $10,640,060,000 Loss ratio 88.2% 75.8% Expenses $4,432,318,000 $4,522,940,000 Expense ratio 30.7% 30.3% Combined ratio 118.7% 102.2% Domestic 32.7% 35.6% Foreign 67.3% 64.4% Founded: 1880.

Subsidiaries: American Re Corp., Princeton, N.J.; American Re-Insurance Co., Princeton, N.J.; Great Lakes Reinsurance (UK) PLC, London; Munich American Reassurance Co., Atlanta; Munich Reinsurance Co. of Canada, Toronto; Munich Reinsurance Co. of Africa...

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