MARC Poised to Become Leader in HMO Reinsurance

ATLANTA & MIAMI, October 13, 1999—Munich American Reassurance Company (MARC) is poised to become a leader in the HMO Reinsurance market. MARC remains committed to HMO Reinsurance through its partnership with Risk Based Solutions (RBS). RBS is MARC’s reinsurance manager and underwriter for HMO’s and other managed health plans.

Recent developments in the HMO Reinsurance market have left many Health Maintenance Organizations in the position of having to find a new reinsurance partner. MARC and RBS have all the necessary resources to meet this demand and provide some stability in this market. We share the common goal of becoming a leader in Managed Care Reinsurance by providing custom-tailored reinsurance programs to each customer. James L. Sweeney, FSA, MAAA, Executive Vice President and Chief Operating Officer of MARC said, “The experienced and customer focused staff of RBS, when combined with the financial strength and stability of Munich American Reassurance Company, presents an attractive alternative for today’s HMO Reinsurance purchaser to consider.”

Munich American Reassurance Company represents the U.S. based Life and Health Reinsurance operations of the Munich Re Group, which is the largest professional reinsurance organization in the world. MARC is domiciled in Atlanta, Georgia and has a Best’s Rating of A+ (Superior).

Munich American Reassurance Company
Risk Based Solutions