Munich Re Careers : Head Quant Moritz Heiden Interview

Munich Re Careers : Head Quant Moritz Heiden Interview

Munich Re Careers : Head Quant Moritz Heiden Interview

Munich Re Careers : Moritz Heiden heads the quantitative research team at Munich Re Investment Partners, a boutique quantitative Asset Manager and 100% subsidiary of Munich Re. I’m one of the two quants @twoquants.com and developer of the RealVisionBot, a research project and automated artificial intelligence technology to analyze and learn from interviews of professional investors on RealVision.com 

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In 1880 Carl von Thieme, a native of Erfurt who was the representative in Bavaria of his father’s Thuringia insurance company, founded in Munich Münchener Rückversicherungs-Gesellschaft together with Wilhelm von Finck (co-owner of the Merck Finck & Co. bank) and Theodor von Cramer-Klett. This was followed by the founding of Allianz Versicherungs-Gesellschaft in 1890 in Berlin. Carl von Thieme was head of Munich Re until 1921, and Wilhelm von Finck served as Chairman of the supervisory board until 1924. Munich Re became renowned after the San Francisco earthquake of 1906 as the only insurer that remained solvent after paying out all the claims.

During the Nazi dictatorship Munich Re benefited from anti-Semitic persecution. Jewish customers had to cancel their life insurances prematurely leading to huge profits for the insurance companies[5]. At the same time Munich Re could acquire several properties owned by Jews at prices below the market rate. Starting from 1940 the company was involved in Allianz‘ insurance business with the SS: Munich Re served as reinsurance company for contracts insuring the barracks and operations in the concentration and extermination camps AuschwitzBuchenwaldDachauNeuengammeRavensbrückSachsenhausen and Stutthof.[6] Supervisory board member Kurt Schmitt joined the NSDAP and SS in 1933 and took the position as Reich Economy Minister for one year[7]. In 1938 he became Director General of Munich Re and stayed in this position until the American military authorities relieved him of all offices at the end of the war.

In February 2010, U.S. investor Warren Buffett became Munich Re’s largest single shareholder of the company.[8] As of December 2015, he reduced his holdings to less than 3 percent.[9]

In 2018, the company’s shareholders’ equity amounted to €26.5 billion. The group’s premium income for the year (gross premiums written) was €49.1 billion, with its consolidated result amounting to €2,275 million.[10]

Munich Re – Wikipedia

Munich Re