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HSB is part of Munich Re, one of the world’s largest reinsurers. Munich Re completed its acquisition of HSB in April 2009. [1] Hartford Steam Boiler Group is rated A++ (Superior) by A.M. Best Company. On July 24, 2019, A.M. Best Co. affirmed the ratings of the Hartford Steam Boiler group and its member companies. [citation needed]
Munich Re Group or Munich Reinsurance Company (German: Münchener Rück; Münchener Rückversicherungs-Gesellschaft) is a German multinational insurance company based in Munich, Germany. It is the world's largest reinsurer. [9] ERGO, a subsidiary of Munich Re, serves as the primary insurance arm of the Group. Munich Re's shares are publicly listed.
AIG sold its Hartford Steam Boiler unit on March 31, 2009, to Munich Re for $742 million. [70] [71] On April 16, 2009, AIG announced plans to sell its 21st Century Insurance subsidiary to Farmers Insurance Group for $1.9 billion. [72]
Hartford Steam Boiler Inspection and Insurance Company: Munich Re: Hay Mutual Insurance Company 1875 2021 Merged with Town and Country Mutual to form Axiom Mutual. Home District Mutual Fire Insurance Company 1837 Howard Mutual Insurance Company 1892 2023 Merged with West Elgin Mutual to form Salus Mutual. Imperial Life Assurance Company 1896 2001
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Munich Reinsurance America (also called Munich Re America), formerly known as American Re-Insurance Corporation before September 2006, [1] is a major provider of property and casualty reinsurance in the United States. Munich Reinsurance America is a subsidiary of Munich Re. Founded in 1917, the company's headquarters are located in Princeton ...
Munich's financial community consists of the banks, insurance companies, and other providers of financial services located in Munich and its region. Prime among the insurers are two global players: Munich Re (turnover in 2012: €52.0 billion) [1] and Allianz (turnover in 2012: €106.4 billion). [2] Munich's banking sector is large and ...
HSB color space; HSB Televisión, a Colombian television station; Bremen University of Applied Sciences (German: Hochschule Bremen) Hang Seng Bank, a bank based in Hong Kong; Hardly Strictly Bluegrass, a music festival in San Francisco, California, United States; Hartford Steam Boiler Inspection and Insurance Company, an American equipment ...