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751-Sabar Institute Of Management, Tajpur - Gujarat Technological ...

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ERGO (ERGO Insurance Group is one of the major insurance groups in Europe. Worldwide,<br />

ERGO is represented in more than 30 countries and concentrates on Europe and Asia. In Europe,<br />

ERGO claims to be no. 1 in the health and legal expenses insurance segments, and in its home<br />

market of Germany it is among the market leaders. 50 000 people work full-time for the Group,<br />

either as salaried employees or as self-employed sales representatives. With premium income<br />

amounting to €19bn, ERGO offers different types of insurance and other services and 40 million<br />

customers – of which 20 million in Germany – currently buy the services provided by ERGO and<br />

its companies.<br />

Hannover Re (in German Hannover Rück SE), with a gross premium of around €13.8 billion,<br />

is one of the leading reinsurance groups in the world. Its headquarters are in Hannover,<br />

Germany. The company was founded in 1966 under the name Aktiengesellschaft für Transportund<br />

Rückversicherung (ATR). Hannover Re transacts all lines of non-life and life and health<br />

reinsurance and has a network of subsidiaries, branches and representative offices on all five<br />

continents with a total staff of roughly 2,300<br />

Munich Re Group (Munich Reinsurance Company, German: is a reinsurance company based<br />

in Munich, Germany. It is one of the world‟s leading reinsurers. ERGO, a Munich Re subsidiary,<br />

is the Group‟s primary insurance arm. Munich Re's shares are listed on all German stock<br />

exchanges and on the Xetra electronic trading system. Munich Re is included in the DAX index<br />

at the Frankfurt Stock Exchange, the Euro Stoxx 50, and other indices.<br />

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