Munich Re Group definition

Munich Re Group means the Issuer and any consolidated group entities within the meaning of the German Law on the Supervision of Insurance Undertakings (Versicherungsaufsichtsgesetz) (or, as the case may be, any provisions replacing the Law on the Supervision of Insurance Undertak- ings).
Munich Re Group means affiliated companies of Munich Reinsurance Company within the meaning of §§ 15et seq. German Stock Corporation Act (“Aktiengesetz”).
Munich Re Group means the Issuer and any company consolidated by the Issuer under the Applicable Supervisory Regulations for group solvency purposes.

Examples of Munich Re Group in a sentence

  • If under the terms of this Agreement resolutions must be passed on the basis of both a majority of the members attending (by headcount) and weighted votes, the votes shall be weighted as follows: The number of votes cast by each delegate shall be equal to the number of employees working for the Munich Re (Group) company or EU/EEA operation that the delegate represents.

  • Munich Re Group (hereinafter referred to as ‘Munich Re’) is committed to upholding human rights, environmental standards and good corporate governance throughout its entire supply chain.

  • The Boards of Management of the Munich Re (Group) companies in the EU/EEA outside Germany shall immediately notify the employee representative bodies and Managerial Staff Committees at their Munich Re (Group) companies and EU/EEA operations.

  • Great Lakes Insurance SE – UK Branch is part of the Munich Re Group, one of the leading reinsurers and risk carriers worldwide.

  • Munich Re Group This addendum will be attached to and form a part of the Automatic Reinsurance Agreement effective March 1, 2003, between the Ceding Company and MARC.

  • The letter of credit and issuance fees payable under this Section 3.05(a) shall be payable monthly on the last Business Day of each month, commencing January 31, 1998, and on the Revolving Commitment Termination Date except that the letter of credit fee payable under Section 3.05(a)(ii)(C) shall be payable upon issuance of the applicable Letter of Credit.

  • Munich Re (Group) employees of a Member State who are not represented by delegates shall be assigned to all the delegates of that Member State on the EEB in equal shares.

  • Should a Munich Re (Group) company or EU/EEA operation send more than one delegate, each delegate shall be entitled to cast a proportion of the votes in accordance with sentence 3.

  • If fewer than 50% of all Munich Re (Group) employees are employed in Germany, this shall primarily constitute a material change.

  • It need not be sent to Munich Re (Group) companies that have no employees within the meaning of this Agreement.


More Definitions of Munich Re Group

Munich Re Group means the Issuer and any consolidated group entities within the meaning of
Munich Re Group means MR AG and its direct and indirect subsidiaries within the meaning of Article 2 (3) of the Act on the Participation of Employees in a European Company (SE Participation Act – SEBG).
Munich Re Group means Munich Re Munich, ERGO Group, MEAG Group and all other legal entities wholly or partially owned by Munich Re Munich, including their respective branches and representative offices, excluding.

Related to Munich Re Group

  • Organ procurement organization means a person designated by the Secretary of the United States Department of Health and Human Services as an organ procurement organization.

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • DBS Group means any of DBS’s subsidiaries, DBS’s holding company and any subsidiaries of DBS’s holding company;

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;