About
Münchener Rückversicherungs-Gesellschaft AG engages in the provision of insurance and reinsurance services. It operates through the following segments: Life and Health Reinsurance; Property-Casualty Reinsurance; ERGO Life and Health Germany; EGRO Property-Casualty Germany; and ERGO International. The ERGO Life and Health Germany segment includes German life and health primary insurance business, global travel insurance business, and digital ventures business. The EGRO Property-Casualty Germany segment covers German property-casualty insurance business, excluding digital ventures business. The ERGO International segment focuses on primary insurance business outside Germany.
In Israel, Munich RE operates a Tech Scouting activity.
Company Intelligence Q&A
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- What is Munich Re's primary business activity?
- Munich Re is a multinational company primarily engaged in providing insurance and reinsurance services, operating through segments like Life and Health Reinsurance, Property-Casualty Reinsurance, and ERGO primary insurance businesses.
- When did Munich Re become a publicly traded company?
- Munich Re became public on the FSX exchange in March 1985.
- What is Munich Re's presence in Israel?
- Munich Re has operated a Tech Scouting activity in Israel since July 2018, with an estimated 1-10 employees in the country.
- What significant acquisition did Munich Re make in March 2025?
- In March 2025, Munich Re acquired the remaining 71% of Israeli insurtech company Next Insurance, which it did not already own, at a $2.6 billion valuation. Munich Re was an early investor in Next Insurance.
- When did Munich Re first invest in Next Insurance?
- Munich Re invested $250 million in Israel's Next Insurance in October 2019.
- What was a notable partnership for Munich Re in January 2023?
- In January 2023, Munich Re, as the world's largest reinsurer, agreed to insure an Israeli startup's algorithm.
- What is the approximate worldwide employee count for Munich Re?
- Munich Re has approximately 19,000 employees worldwide.
- What is the market capitalization of Munich Re as of January 2026?
- As of January 1, 2026, Munich Re's market capitalization was $85,550,227,655.