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Munchener Ruckversicherungs-Gesellschaft AG (XTER:MUV2) Total Noninterest Expense


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What is Munchener Ruckversicherungs-Gesellschaft AG Total Noninterest Expense?

Total Noninterest Expense only applies to banks.


Munchener Ruckversicherungs-Gesellschaft AG Business Description

Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl von Thieme amid a flurry of other reinsurance companies set up independent of primaries. Then, most reinsurers typically focused on a few customers with strong reputations. Thieme focused on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After von Thieme and Wilhelm von Finck founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
Executives
Clarisse Hervet ép. Kopff Board of Directors
Julia Christiane Jäkel-wickert Supervisory Board
Mari-lizette Malherbe Board of Directors
Dr. Achim Kassow Board of Directors
Dr. Markus Rieß Board of Directors
Dr. Christoph Jurecka Board of Directors
Stefan Golling Board of Directors
Gerd Rolf Häusler Supervisory Board
Dr. Thomas Blunck Board of Directors
Dr. Torsten Jeworrek Board of Directors
Dr. Joachim Wenning Board of Directors