Global Aerospace Underwriting Managers

Munich Re acquires additional 11% of Global Aerospace shares

15th December 2017

Munich Re has agreed to buy an additional 11% of the shares in Global Aerospace Underwriting Managers Limited, the company that manages the Global Aerospace Pool. The acquisition brings Munich Re's total shares up to 51%, with the remaining 49% split with a subsidiary of Warren Buffett's Berkshire Hathaway. “We are fortunate in ... Read the full article