About Great Lakes and Munich Re
Our policy is underwritten by Great Lakes Reinsurance (UK) SE, part of Munich Re (Group).
Munich Re operates in all lines of insurance, with almost 45,000 employees throughout the world. With premium income of around €28 billion from reinsurance alone, it is one of the world’s leading reinsurers. Munich Re and Great Lakes both have a credit rating of “AA-” by the rating agency Standard and Poor's.
Within the international healthcare sector Munich Re pools its insurance and reinsurance operations, as well as related services, under the Munich Health brand, employing over 3,000 health experts at 26 locations worldwide.
Great Lakes Reinsurance (UK) SE is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The above details can be checked on the Financial Services Register.
Our partnership with Great Lakes and Munich Re
Absence Protection are the only staff absence provider able to offer the security of an “AA-“ rated insurance company.
Our policy is underwritten by Great Lakes Reinsurance (UK) SE, part of Munich Re (Group). This relationship brings an unrivalled financial stability to Absence Protection’s insurance policies, providing “AA-“ rated backing from both Great Lakes and Munich Re as well as the support of a global market leader within the healthcare reinsurance sector.
Munich Re in the press
We are very proud of our relationship with Munich Re, one of the most reputable and financially secure reinsurance companies in the world.
But don’t take our word for it. You can read some of the comments made in the press about Munich Re below.
Munich Re are voted the 'Best Reinsurer for Ability to Pay Claims, September 2014
Quarterly result of €738m – Profit guidance for 2014 to be exceeded slightly, November 2014
Economic upswing also means stronger growth in insurance markets, May 2014
Munich Re Financial Trading Data, Live via The Financial Times