https://www.munichre.com/content/dam/munichre/contentlounge/website-pieces/documents/investor-relations/MunichRe-Remuneration-System-BoM_ 30Munich Re _ CR-Report 2020 Corporate governance Core business Employees Environment Society Key figures Indices Annex the business, the decision about a transaction can be escalated to the Global Underwriting Committee (GURC), which is also staffed with members of the Board of Management.