Our value proposition

Great Lakes is the leading group-wide facilitator for PIRI (Primary Insurance out of Reinsurance) business.

Maximum cost efficiency:
We deliver transparent, activity based and highly competitive administration costs and capital efficiency. Our ethos is to support Munich Re business units in maximizing the profitability of the business.

Effective regulatory management:
We undertake our business in a regulatory, legal and ethical compliant manner, always protecting the interests of Munich Re.

Operational excellence:
We provide operational excellence in our day to day activities and meet the requirements of our clients for speed, accuracy, response time, accessibility and expertise.

Competent partners to develop PIRI business:
We proactively support Munich Re business units to enter and develop PIRI business opportunities.