Munich American Reassurance Company (MARC) is a stock life insurance company offering Life, Annuity, and Accident & Health reinsurance throughout the United States. MARC was a wholly-owned subsidiary of Munich Reinsurance Company (Munich Re) until 2000, when Munich Re established a U.S. holding company, Munich-American Holding Corporation (MAHC) and transferred all the stock of MARC to the holding company. The stock of Munich Reinsurance America, Inc., formerly American Re-Insurance Company, (the US property and casualty affiliate of Munich Re) was also transferred to the holding company. MAHC, domiciled in Delaware, owns 100% of the stock of MARC and is 100% owned by Munich Re. MARC is licensed, accredited, or authorized in all fifty states, Washington, D.C., Guam, and Puerto Rico.
Munich Re and Munich American have entered into an agreement whereby Munich Re guarantees to the Commissioner of Insurance in the State of Georgia that Munich American will always have Risk Based Capital of 300% of the authorized control level. This agreement will expire when Munich American’s statutory capital and surplus reaches $750 million.
Munich American is well positioned to expand into the new millennium. Our diversified line of products allows us to offer a broad range of services to an expanding client base. We are therefore well positioned to thrive and grow during a period of industry consolidation.
While our organizational structure allows us to provide the high level of service that our clients have come to expect, we feel that the strength of a reinsurer comes from its people rather than its organization. Therefore, we have assembled a team of reinsurance professionals who have extensive experience in all the necessary disciplines in order to provide our clients with outstanding reinsurance products and exemplary service.
See also:
The Munich Re Group
Our Strategic Partners
Executive Department Contacts
Publications about MARC ![]()
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