American Re-Insurance Company will now be known as the Munich Re America Corp, the Princeton, N.J.-based carrier said today.
“With this name change, Munich Re is making a powerful statement about its support for its U.S. operations and its commitment to the U.S. market,” said John Phelan, chairman and chief executive officer of Munich Re America and a Munich Re board member.
Munich Reinsurance America Inc., Munich Re's largest reinsurance subsidiary, will continue to operate as a separate corporate entity in the U.S. market.
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