Munich Re

Munich Re provides reinsurance to Bastion Life. Munich Re is the world’s largest reinsurer and the second largest primary insurer in Germany. Approximately 5,000 insurance companies in nearly 160 countries rely on its expertise and financial strength.  Munich Re's business activities cover the whole value chain as present in the insurance industry.

Founded in 1880, Munich Re was one of the world’s first independent reinsurance companies; i.e., a reinsurer not run by a primary insurer.

Reinsurance includes risk management where the insurer assumes part of the risk covered by primary insurers.

Munich Re opened its first office in the USA in 1899.