Munich Health

The shape of the future often lies in intelligently combining things that are already successful. This was also the Munich Re Group’s starting point in pooling insurance and reinsurance expertise in a new business segment: Munich Health.

The business segment focuses on international healthcare, one of the world’s fastest-growing markets, offering extraordinary potential for sustainable and profitable growth. As the international health specialist in the Munich Re Group, we realise new opportunities through future-oriented innovations and solutions, such as setting up the specialist primary health insurer DAMAN in Abu Dhabi (please also see "Munich Health – Some of our activities at a glance").

Our know-how makes us unique and the world leader:

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  Local expertise: Our horizontal network makes the knowledge of local experts available globally.
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  One-stop service: By covering the entire value chain within the business segment, we leverage synergies in market-servicing and create completely new avenues for growth.
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  Empowering the markets: Strengthening the regions to achieve ambitious growth targets.

We firmly believe that we can use the opportunities offered by the global healthcare market for sustainable profitable growth.

The international healthcare market

Healthcare is one of the fastest-growing markets worldwide and offers exceptional potential for sustainable and profitable growth. Since 2000, financial protection – the sector of the healthcare market that is relevant for us – has grown by more than 40% (current volume: > €2,300bn; CAGR: 6%).
In all likelihood, healthcare expenditure will continue to rise. The four most important long-term growth drivers are:

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  Demographic trends in connection with population growth and increased life expectancy
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  Medical and technological advances
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  Unhealthy lifestyles
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  Better economic conditions in many developing countries

Munich Health – Our strategy and growth targets

We are drawing on our insurance and reinsurance competence and pooling our healthcare-sector activities in the Munich Health segment. Our 5,000 employees service clients at 26 locations in more than 40 countries. Our Group companies allow us to use all business models flexibly and bring to bear our 20 years’ experience as a global presence in health insurance and reinsurance.

Our strategic growth targets are geared to the profitable expansion of our European business.

By founding new ventures, we are currently laying the foundations for medium- and long-term growth in rapidly developing emerging markets. Beyond this, we are seeking to leverage growth potential in developed markets via organic growth and acquisitions.

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