Regional divisions
The intercultural structuring of our competences puts us in the best possible position to react to our clients' different needs and to develop individual, tailor-made solutions.
The three regional divisions at Munich Re reflect the economic, cultural and language factors that form the basis of good business relations with our global clients.
In our division Europe and Latin America, we handle the property-casualty business from our clients in Switzerland and Austria, Eastern Europe, Greece, and Turkey. Furthermore the division services clients from northern, western and southern Europe, as well as from Latin America.
Our division Germany, Asia Pacific and Africa does business with clients in Germany as well as in Asia, Africa and the Pacific Islands, an area with a wide range of very different insurance markets.
Our Global Clients/North America division is responsible for dealing with large international insurance groups, or global clients. It is also the hub of Munich Re’s expertise on the North American market, bringing together the know-how available at our Munich headquarters and at our subsidiaries Munich Re America and Munich Reinsurance Company of Canada.
The global-regional organisation of the divisions helps promote the required degree of sensitivity for socio-cultural aspects, a proper understanding of the local mentality as well as a sovereign command of the language spoken in each market; it also creates the proximity and trust needed for a successful partnership with our clients around the globe.