<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> <strong>Annual</strong> <strong>Re</strong>port <strong>2006</strong> 214 Notes_Affiliated companies Company % share Equity <strong>Re</strong>sult for of the year capital €’000 ** €’000 ** D.A.S. Österreichische Allgemeine <strong>Re</strong>chtsschutz-Versicherungs-Aktiengesellschaft, Vienna 94.67% 33,750 4,537 D.A.S. Société anonyme belge d’assurances de Protection Juridique, Brussels 94.67% 5,532 1,396 DAS Legal Expenses Insurance Company Limited, Bristol 94.69% 60,346 1,210 KarstadtQuelle Krankenversicherung AG, Fürth 52.08% 28,658 2,868 KarstadtQuelle Lebensversicherung AG, Fürth 52.08% 41,345 17,000 KarstadtQuelle Versicherung AG, Fürth 52.08% 31,886 6,463 Neckermann Lebensversicherung AG, Fürth 39.06% 9,696 400 ERGO Assicurazioni S. p. A., Milan 94.69% 58,323 4,317 ERGO Generales Seguros y <strong>Re</strong>aseguros, S. A., Madrid 94.69% 13,468 3,039 ERGO International Aktiengesellschaft, Düsseldorf 94.69% 938,142 14,294 ERGO Italia S. p. A., Milan 94.69% 268,652 19,887 ERGO Kindlustuse AS, Tallinn 94.68% 29,562 11,788 ERGO Latvija Versicherung AG (ERGO Latvija Apdrosinasanas Akciju Sabiedriba), Riga 93.38% 5,983 479 ERGO Lietuva draudimo UADB, Vilnius 94.69% 10,567 –571 ERGO Previdenza S. p. A., Milan 66.62% 283,724 25,730 ERGO Vida Seguros y <strong>Re</strong>aseguros, Sociedad Anónima, Saragossa 94.69% 16,479 1,408 ERGO I . sviçre Hayat Sigorta A.S¸., Istanbul 71.01% 7,982 –860 ERGO I . sviçre Sigorta A. S¸., Istanbul 71.01% 50,303 6,659 Sopockie Towarzystwo Ubezpieczen na Zycie Ergo Hestia Spolka Akcyjna, Sopot 94.69% 14,046 3,133 Sopockie Towarzystwo Ubezpieczeniowe Ergo Hestia Spolka Akcyjna, Sopot 94.69% 186,529 18,077 EUROPÄISCHE <strong>Re</strong>iseversicherung Aktiengesellschaft, <strong>Munich</strong> 100.00% 81,349 –5,017 Europaeiske <strong>Re</strong>jseforsikring A/S, Copenhagen 100.00% 51,122 3,564 Europeiska Försäkringsaktiebolaget, Stockholm 100.00% 2,886 0 Compagnie Européene d’Assurance, Neuilly sur Seine 100.00% 5,161 204 Mercur Assistance Aktiengesellschaft Holding, <strong>Munich</strong> 100.00% –5,660 –54 American Alternative Insurance Corporation, Wilmington, Delaware 100.00% 113,047 7,875 The Princeton Excess and Surplus Lines Insurance Company, Wilmington, Delaware 100.00% 36,748 4,171 Primary insurance, associates Bloemers Holding B.V., Rotterdam 22.73% 31,491 9,211 D.A.S. Difesa Automobilistica Sinistri, S. p. A. di Assicurazione, Verona 47.34% 9,593 2,192 Global Aerospace Underwriting Managers Ltd., London 24.90% 37,778 15,800 Middlesea Insurance p. l. c, Floriana 19.90% 38,227 8,947 PICC Health Insurance Company Limited, Beijing 17.99% 90,551 –6,796 Saudi National Insurance Company E.C., Manama 22.50% 15,578 4,834 Storebrand Helseforsikring AS, Oslo 47.34% 5,623 2 UNION VERSICHERUNGS-AKTIENGESELLSCHAFT, Vienna 42.61% 70,405 18,549 VEREINSBANK VICTORIA Bauspar Aktiengesellschaft, <strong>Munich</strong> 28.41% 62,973 128 VICTORIA-VOLKSBANKEN Pensionskassen Aktiengesellschaft, Vienna 39.27% 10,480 1,698 Financial services and asset management, consolidated subsidiaries MEAG Hong Kong Limited, Hong Kong 100.00% 1,627 661 MEAG MUNICH ERGO AssetManagement GmbH, <strong>Munich</strong> 97.87% 128,994 25,247 MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, <strong>Munich</strong> *** ) 97.87% 19,665 0 MEAG New York Corporation, Wilmington, Delaware 100.00% 1,597 3,668
<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> <strong>Annual</strong> <strong>Re</strong>port <strong>2006</strong> Notes_Affiliated companies Company % share Equity <strong>Re</strong>sult for of the year capital €’000 ** €’000 ** Other participating interests in insurance companies Admiral <strong>Group</strong> plc, Cardiff 14.35% 269,257 124,261 Credit Guarantee Insurance Corporation, Johannesburg 7.10% 44,700 28,801 Helvetia Holding, St. Gall 8.16% 485,385 47,167 Jordan Insurance Co. p. l. c., Amman 10.00% 46,181 21,454 Mecklenburgische Lebensversicherungs-AG, Hanover *** ) 12.50% 16,500 1,600 Nürnberger Beteiligungs AG, Nuremberg 19.84% 397,434 14,228 Other shareholdings in quoted companies BHS tabletop AG, Selb 28.91% 29,380 2,942 Forst Ebnath AG, Ebnath 96.73% 2,962 666 MEDICLIN Aktiengesellschaft, Frankfurt am Main 26.92% 136,538 3,190 Österreichische Volksbanken-AG, Vienna 9.47% 1,092,260 49,275 *** Some of these selected participating interests are held indirectly. They are calculated proportionally in each case. *** The amounts are taken from the individual companies’ financial statements. They have been translated using the exchange rates applicable on 31 December <strong>2006</strong>. *** <strong>Re</strong>sult for the year after profit transfer. 215
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