Prudence engenders trust – For long-term value creation
There is more to responsible corporate governance than satisfying legal requirements, which is why we also have our own internal Code of Conduct based on high ethical and legal standards. Prudent management practices and ethically responsible conduct are cornerstones of Munich Re's long-term success. This is also part of our Code of Conduct.
And this is how we will continue to inspire the confidence of our investors, clients and employees – as well as of the public in general. We adhere to selected national and international codes and standards. The » Code of Conduct introduced at Munich Reinsurance Company in 2006, the reinsurance group and MEAG in 2007, and ERGO in 2008 sets out what we understand by legally impeccable behaviour, based on ethical principles. This code is the basis for obeying further » Compliance rules in all Munich Re units. We also adhere to the ten principles laid down in the United Nations » Global Compact, to which we became signatories in September 2007.
Good corporate governance creates lasting value. We therefore subscribe to the highest standards and are committed to an effective division of responsibilities within Munich Re’s management. » more
Munich Re has clear goals and values, including compliance with laws and consequently zero tolerance regarding corruption and other forms of financial crime. A Group-wide Code of Conduct and strict monitoring measures backed up by suitable information and documentation systems help to prevent any infringements of laws or regulations. » more
As companies grow and their structures become increasingly complex, the risk of becoming a victim of financial crime also increases. The financial loss, coupled with the damage to the company's reputation, may be devastating. Munich Re resolutely counters this risk with effective anti-fraud management. » more
Effective risk management preserves Munich Re's financial strength, secures our clients' claims to benefits, creates enduring value for our shareholders and protects our reputation. » more
The consistent emphasis on sustainability in our corporate governance is also reflected in our share price. Munich Re shares and their specific » risk-return profile are an attractive option for investors. Their attractiveness is enhanced by the fact that Munich Re pursues a policy of open and transparent communication with shareholders, clients and investors. » more
Munich Re respects journalists' independence and favours a strict separation of journalism and public-relations work. We ensure that our cooperation with journalists does not influence media reporting about our company or issues related to our company. » more
