Informa Insurance News 24
US ACQUISITIONS ON THE CARD FOR MUNICH RE
German reinsurer Munich Re is seeking a purchase in the US similar to its 2008 acquisition of Midland Co and 2009 buy of Hartford
Steam Boiler, Board member Torsten Jeworrek has said in an interview. Speaking to
Financial Times Deutschland, Mr Jeworrek said that "I can imagine further acquisitions there". Meanwile, Fitch Ratings has affirmed Munich Re direct
subsidiary Ergo's ratings. Life unit Ergo Leben and health unit DKV were affirmed at 'AA-'. Vorsorge Leben and travel insurer
Europäische Reise had their ratings affirmed at 'A+'. Fitch said that the Ergo ratings reflect its core status within the
Munich Re group.