American Re-Insurance Company will now be known as the Munich ReAmerica Corp, the Princeton, N.J.-based carrier said today.
|“With this name change, Munich Re is making a powerful statementabout its support for its U.S. operations and its commitment to theU.S. market,” said John Phelan, chairman and chief executiveofficer of Munich Re America and a Munich Re board member.
|Munich Reinsurance America Inc., Munich Re's largest reinsurancesubsidiary, will continue to operate as a separate corporate entityin the U.S. market.
|Munich-American RiskPartners will also use the MunichReinsurance America name, and the division will be known as“Specialty Markets.”
|The names of American Alternative Insurance Corporation and ThePrinceton Excess and Surplus Lines Insurance Company will notchange.
|The Web address for Munich Reinsurance America is nowwww.munichreamerica.com.
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