Munich American Reassurance Company (MARC) is a stock life insurance company offering life, annuity, accident and health reinsurance throughout the United States. MARC was a wholly-owned subsidiary of Munich Reinsurance Company (Munich Re) until 2000, when Munich Re established a U.S. holding company, Munich-American Holding Corporation (MAHC) and transferred all the stock of MARC to the holding company. The stock of Munich Reinsurance America, Inc., formerly American Re-Insurance Company, (the US property and casualty affiliate of Munich Re) was also transferred to the holding company. MAHC, headquartered in Delaware, owns 100 percent of the stock of MARC and is 100 percent owned by Munich Re. MARC is licensed, accredited, or authorized in all fifty states, Washington, D.C., Guam, and Puerto Rico.
Munich American Reassurance Company offers long-term insurance to its policyholders. Long-term care insurance includes a variety of services that help meet both the medical and non-medical needs of people with a chronic illness or disability who cannot care for themselves.
Sources: " About Us," Munich American Reassurance Company website, 2009; "Our Future," Munich American Reassurance Company website, 2009.
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