Introduction
I took advantage of the global market volatility and relatively spontaneously bought my first Munich Re (OTCPK:MURGY) (OTCPK:MURGF) shares. The German reinsurance company includes the Ergo Group, which conducts primary insurance business. The company that now accounts for 2 percent of my broadly diversified retirement portfolio was on my watchlist for a long time (for many years to be honest). There were several reasons for buying it, even though there was a risk of grabbing a falling knife.
Great performance and great solvency ratio
First, it is nothing new that