Utilize the input text as a context reference, choose the right relationship between Munich Re and reinsurance from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Tue, Sep 29, 2015, 17:46 BST - UK Markets closed Warren Buffett cashes in some of his reinsurance bet with Munich Re stake sale By Marion Dakers | Telegraph – 53 minutes ago 0.00

Answer: product_or_material_produced