is ‘Munich Re Foundation – from knowledge to action’. The main activities of the foundation concentrate on four fields: knowledge accumulation and implementation, clarification and sensitisation, networking of experts as well as direct help and support of local projects. The foundation works with local, national as well as international partners. The majority of projects fit within a global framework. Since adaptation to climate and environmental change is much more difficult for poorer countries, the focus of the foundation is primarily on people in the developing world. Munich Re Art Collection The Munich Re Art Collection's history begins with the company's founding by Carl von Thieme, who commissioned artists such as Reinhold Max Eichler and Fritz Erler to decorate the new company headquarters built on Munich's Königinstraße in 1912-13. The Collection was geared to modern art, which from the outset has been successively expanded over the decades with works by important artists. It includes works by Rudolf Belling, Barbara Hepworth, Rupprecht Geiger (“Concave rounded”, 1973), Norbert Kricke and Joseph Beuys. Purchases for the Collection increased from the mid-1990s. The Walking Man by Jonathan Borofsky has stood outside a Munich Re building on Leopoldstraße since 1995 and has since become a symbol of Munich. Sculptures and installations from the Munich Re Art Collection by artists such as Olafur Eliasson (“Light Curtain”, 2002) and Roxy Paine (“Discrepancy”, 2011) are also found in the public spaces. Artists like Angela Bulloch, Keith Sonnier and James Turrell have designed light installations for the extensive network of underground passages that link the company's buildings in Schwabing, Munich. The Collection, which now comprises more than 3,000 works, is being constantly enlarged and is displayed in the company's Munich offices. Employees can also borrow art works from the Collection to display in their offices. In addition to internationally famous artists such as Jenny Holzer, Andy Hope 1930 and Wolfgang Tillmans, the Collection also acquires works by up-and-coming artists. The offices on Berliner Strasse, designed by the architectural practice of Sauerbruch Hutton, hold regularly changing exhibitions of contemporary art. Investments In Oct, 2019, Munich Re invested $250 million in NEXT Insurance Inc. in a funding round that valued the small-business insurance provider at more than $1 billion. In October 2022, Munich RE acquired the API Business Operations platform apinity from Allianz Group. The two parties didn’t disclose the amount. References External links Topics Online − Re Magazine for Insurers Yahoo!