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Munich Re joins Wharton Risk Center's Extreme Events Project

The Wharton Risk Management Center is delighted to welcome Munich Reinsurance America as a new partner, recognizing their tradition of helping build resilience to extreme events in the United States and around the world.  
Tony Kuczinski, President and CEO, Munich Re America comments, “Munich Re America is excited to partner with Wharton Risk Center and to benefit from their excellent research, which ties to our core business activities.  We also look forward to partnering with Wharton to help develop effective solutions that expand the boundaries of insurability.”
 
Munich Re America is a property casualty organization delivering clients value-added products, services and solutions that leverage its diverse knowledge and expertise.  It is a subsidiary of the Munich Re Group, a leading global insurer and reinsurer, which in the financial year 2013 achieved a profit of €3.3bn on premium income of €51.5bn. It operates in all lines of insurance, with almost 45,000 employees throughout the world.
 
The Risk Management and Decision Processes Center at the Wharton School has for three decades been at the forefront of basic and applied research to promote effective corporate and public policies for low probability events with potentially catastrophic consequences. The Center includes 70 faculty, research fellows, and visiting scholars from all over the world undertaking large-scale initiatives. Providing expertise and a neutral environment for discussion, the Center team promotes a dialogue among industry, governments, interest groups and academics through its research, policy publications, and forums. 
 
Founded in 1881 as the first collegiate business school, the Wharton School of the University of Pennsylvania is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. With a broad global community and one of the most published business school faculties, Wharton creates ongoing economic and social value around the world. The School has 5,000 undergraduate, MBA, executive MBA, and doctoral students; more than 9,000 annual participants in executive education programs; and a powerful alumni network of 93,000 graduates.



Research and more at http://www.wharton.upenn.edu/riskcenter/index.cfm.  
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