Who took over the Great Lakes Insurance company?


Quick Answer

Great Lakes Reinsurance (UK) PLC is a wholly owned subsidiary company of Munich Re AG. Great Lakes UK is a specialist provider of insurance services for the group Munich Re.

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Full Answer

Great Lakes Reinsurance was founded in 1951 in Canada. In 1975, the Toronto-based company was acquired by Munich Re and was first authorized in the UK in 1987. Great Lakes Reinsurance is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Great Lakes Mutual Insurance company writes business only in Michigan. Being a mutual insurance company, they are owned by their policyholders.

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