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Munich Re : The Company History 1880-1980 by Johannes Bähr; Christopher Kopper; Patricia Casey Sutcliffe is a nonfiction available to read on EtoBox.

What is Munich Re : The Company History 1880-1980 about?

"Reinsurance has to be international in accordance with its nature." This is the well-known viewpoint of Carl von Thieme, one of the founders of Munich Re, who also served as its general director for many years. Thus, it was not a coincidence that the company rose to become the world market leader rather quickly after its founding in 1880. In the following period, Munich Re stayed on top or was occasionally second to Swiss Re. Nonetheless, the broader public does not know much about the company. Johannes Bähr and Christopher Kopper now present the first history of the reinsurer from its beginnings into the 1980s. Few companies have risen to become world market leaders as quickly as Munich Re, and only the fewest have succeeded in remaining at the top of the world market for as long. The company's history reveals how insurers reacted to major catastrophes and technological shifts. Without sharing risks with reinsurers, countless direct insurers would not have survived the economic consequences of major natural catastrophes and would have been forced into bankruptcy by the weight of their payment obligations. Consequently, reinsurers even made coverage for some risks possible in the

Who reads Munich Re : The Company History 1880-1980?

Author

Johannes Bähr; Christopher Kopper; Patricia Casey Sutcliffe

Publisher

Verlag C.H. Beck : C.H. Beck

Published

2016

Language

EN

ISBN

9783406698231

Category

nonfiction

Subjects

Business, Management, History