Munich Re America Corp., a member of the Munich Re Group, is one of the largest reinsurers in the U.S. It offers a range of property and casualty coverage through multiple distribution channels. Primary program insurance products are available through its affiliated operations, American Alternative Insurance Corp., the Princeton Excess and Surplus Lines Insurance Co. and American Modern Insurance Group. The company has offices in Princeton, N.J., San Francisco, Overland Park, Kan., Chicago, Hartford, Conn., New York, Philadelphia, Atlanta, and Columbus, Ohio.
Founded in 1917, Munich Re boasts a company culture in which the average length of employee service is 11.7 years. Over 68% of employees have been with Munich Re for more than five years, and more than 40% have served the company for more than 10 years.
Munich Re America recently acquired all the shares in U.S. specialty insurer HSB Group Inc. from American International Group Inc.