Munich Re, Canada (Life)

Developing innovative and customized reinsurance solutions for all lines of life and health insurance

Leading the industry since 1957

Munich Re entered the Canadian reinsurance market in 1957. Today, our Life and Health reinsurance team serves clients across Canada and in the Caribbean from offices in Toronto and Montreal. We are a leading reinsurer in Canada in all lines of Life and Health reinsurance.

$7.1bn

Assets owned by our Canadian branch in 2022 (CAD)

A+

With a Stable outlook according to A.M. Best for over 5 years

$20bn

in claims settled since 2005

Our philosophy

Our clients are our priority

We are committed to providing a superior level of service to our clients through our expertise, global resources, and financial strength. Our promise is to listen to your needs and to deliver solutions tailored to your business. Our market share in Canada is testimony to the relationships we have built with our clients.

Our strength is risk management

Munich Re is committed to state-of-the-art enterprise risk management. We define our processes not only in order to comply with regulatory requirements, but to firmly embed them into our day-to-day business. It is our management of risk that is the foundation for long-term financial strength and stable earnings and what ensures we can deliver our value proposition to our clients, shareholders and staff.

We operate as a branch

Our business is written by a well-established full service branch within the Munich Re Group. As such, all reinsurance arrangements are supported by the financial strength of the OSFI regulated branch as well as the BaFin regulated company. Our clients are protected not only by the direct financial strength of the Munich Re, Canada (Life) branch, but also by the financial strength of the Munich Re Group.