HSB says its iconic locomotive symbol and name will be preserved and appear in the context of the Munich Re brand. The dual brand combines the value of HSB’s leadership in equipment breakdown and technical risks with Munich Re’s reputation for forward-thinking risk solutions.
HSB also is part of Munich Re’s Risk Solutions portfolio. The company says Risk Solutions is a competency designation for Munich Re companies that specialize in complex risks, and distinguishes their offerings from the traditional reinsurance business of Munich Re.
Munich Re concluded the successful acquisition of HSB Group, which included Hartford Steam Boiler and its subsidiaries in Canada (