Ellipse is part of the long established Munich Re Group. This gives us the backing of their exceptional solution-based expertise, consistent risk management and, above all, their financial strength. In the financial year 2016, the Munich Re Group achieved a profit of €2.6bn on premium income of €48.9bn. It operates in all lines of insurance, with more than 43,000 employees throughout the world.
Ellipse is the trading name of the UK branch of ERGO Lebensversicherung AG, a wholly owned subsidiary of Munich Re, whose current financial ratings from the leading agencies are –
|Standard & Poors||AA- (Very strong)|
|Fitch||AA- (Very strong)|
ERGO Lebensversicherung AG was established in the UK (under the previous name of Hamburg- Mannheimer AG) on the 14th of August 2009 under the Freedom of Establishment regulations and trades as Ellipse. Its business is 100% reinsured by Munich Re AG through UK Life Branch.
Click here to download a document which explains this in more detail.