German firm arranges company-wide orgy

A German insurance firm allegedly organized a company-wide sex party to reward its highest-earning salesmen.

According to Yahoo News, the Ergo division of Munich Re arranged for the event at Gellert Thermal Baths in Budapest, Hungary back in 2007.

An unnamed individual present at the party told German newspaper Handelsblatt that around 100 company members had been invited, where they had access to around 20 different prostitutes.

The individual has described the event as an "open air brothel", and claims that the prostitues were given a stamp on their arm after every sexual encounter.

A spokesperson for the company has since insisted that one of its subsidiaries had organized the party, that it had been in violation of their moral code, and that the individuals responsible were now no longer associated with Munich Re.