The Muenchener Rueckversicherungs-Gesellschaft (Munich Re) was established 125 years ago. It is one of the largest reinsurers and the second largest primary insurer in Germany. It was established in 1880 and has expanded in many foreign countries. It had signed its first reinsurance contract with Almindelige Brand-Assurance-Compagnie, the first international client of Munich Re, in Copenhagen. Till date, 5000 insurance companies in 160 countries rely on Munich Re's financial strength. In 2004, it achieved a profit of 1,833 mn in which 66% came from property and casualty insurance and remaining from health and life insurances.

Munich Re basis its operations with the principle of sustainability. This includes achieving the economic targets. With the objective of turning risk into value, it's able to create values, increase them and protect them for the future. The company has its own standards of maintaining its sustainability in regard to claims and motivations, reinsurance, claims handling, underwriting, etc. Munich Re gives strategic importance to environmental protection and sustainable development. They believe that economy and ecology are indivisible for their long-term-oriented business operations. Munich Re differentiates its company by having a friendly relationship with the clients. It gives information to the clients on loss-minimizing measures and loss prevention. Side-by- side, it involves the policyholders to be a part in the premium calculation (commercial and industrial insurance) and even give some additional benefits to clients like the inclusion of cistern system for homeowners' insurance. Munich Re as a long-term global investor, has an object of investment for sustainability-oriented investors, shares, corporate and government bonds.

In the 1970s, the company had set a research and development department to tie together the technical knowledge available in the company. With the help of this, the company is able to produce new insurance models for its clients. Consequently, the first interdisciplinary marine and aerospace technology underwriting consortia had come into being. Finally, in 2002, its research and development became internationally renowned; Geo Risks Research Unit's reputation went beyond the insurance sector. The potentially disastrous consequences of climate change and the threat it poses in the insurance industry is being investigated by this unit.

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