Muenchener Rueckversicherung (Munich Re) is one of the world leaders in reinsurance. Gross written premiums break down by activity as follows:
- reinsurance (54.2%): non-life reinsurance (60.5% of gross written premiums) and life and health reinsurance (39.5%);
- insurance (45.8%): life and health insurance (76.7% of gross premiums issued) and non-life insurance (23.3%). The activity is mainly carried out through Ergo Versicherungsgruppe.
The group is also involved in asset management (EUR11.5 billion assets under management at the end of 2012) through Meag Munich Ergo AssetManagement.
Gross written premiums break down geographically as follows: Germany (27.5%), Europe (25.5%), North America (32.3%), Asia and Australasia (9.6%), Latin America (3.1%) and other (2%).