NMU, which is turning 42 this year, is now known as Munich Re Specialty.

On its website, the UK-based specialty insurance solutions provider has this message to the market: “Our name has changed to Munich Re Specialty.

“Our stability, expertise, and partnership are now under one powerful, global brand – Munich Re Specialty. Pardon our dust while we update this site to reflect this change.”

The business previously traded using the NMU branding, which was an approved trading name of Munich Re Specialty Insurance (UK) Limited.

Globally, the Munich Re Specialty unit consists of the insurance business operations of affiliated companies within the Munich Re Group that offer specialty property & casualty insurance products and services.

Michael Kerner (pictured), member of the Munich Re management board responsible for Munich Re Specialty, stated: “As a testament to our commitment to the market, I am pleased to unveil our unified brand, Munich Re Specialty.

“This represents our ongoing efforts to strengthen our position as a leading global provider of specialty insurance.”

What do you think about this story? Share your thoughts in the comments below.