Learn More About Munich re Group Product Services in the UK

This is one of the largest insurance companies from Germany you may not know much. But its actions in the world of insurance deserve thumbs up.  Although the name has not yet been heard so loud in south-east Asia, especially in Indonesia, the company's echo is quite popular in other countries, such as in the UK.

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To find out more about Munich re Group, you can read a brief review of the history and various services of Munich re Group products in the UK that are explained below!

A Brief History of Munich re Group

This multinational company engaged in insurance from Germany is one of the leading insurance companies with a good reputation.  Founded for the first time in the 1880s, the Munich re Group opens a major insurance branch which is listed on all German stock exchanges.

Some of the Munich re Group product services in the UK are quite salable in the market, thus increasing the company's sales and revenue figures.  Until now, Munich re Group insurance has spread all over the world.  The number of employees employed is almost over 40 thousand employees in 2020. With annual revenues of 54.9 billion euros in 2020, it's no wonder that Munich re Group is able to stand on a par with other giant insurance companies.

Types of Products and Services Offered

The insurance products offered by the Munich re Group are quite different from insurance products issued by other well-known companies like China Life Insurance for example. Even so, the insurance products issued are still needed and in accordance with targeting different markets.  Some of the insurance products from Munich re Group include:

1.    Reinsurance

You may hear this term for the first time.  Although it sounds odd, the Munich Re Group product service in the UK in the form of reinsurance products is quite sought after, especially by other insurance companies who do not want to take a lot of risk.

This reinsurance product is an insurance product that can be purchased from insurance companies such as Munich re Group by other insurance companies with the aim of protecting their business entities from the risk of large claims that can occur at any time.  Therefore, Munich re Group as a large-scale insurance company dares to issue this kind of insurance product.

2.    Insurance

Talking about the service of the Munich Re Group product in England, this one is the same as other types of insurance in general.  However, what makes the difference is the shape.  For Munich re Group itself, the insurance products issued still cover health insurance and so on.  The insurance products issued are also intended to be sold to the public.  So, you can buy one of the Munich re Group insurance products.

3.    Asset Management

Another term that you may rarely know is insurance products in the form of asset management.  This product is actually intended to provide professional services in the securities sector which includes ownership of shares, assets, bonds, foreign exchange, property, real estate, and so on. All are for investment purposes.

This term can actually refer to the management of investment funds or investment products that are managed by individuals or groups.  This is the main task of the Munich re Group asset management product.  In addition, Munich Re Group product services in the UK, such as investment management, can also be facilitated.  For example, providing investment manager facilities to manage and purchase investment products.  Or a financial advisory tool that can help you provide new insights into the allocation and strategy of asset management you need.

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