Munich Re Plans Earnings Increase -Handelsblatt

Date : 01/22/2020 @ 9:53AM
Source : Dow Jones News
Stock : Muenchener Rueckversicherungs Gesellschaft AG (PK) (MURGY)
Quote : 30.58  0.11 (0.36%) @ 9:59PM

Munich Re Plans Earnings Increase -Handelsblatt

Muenchener Rueckversiche... (PK) (USOTC:MURGY)
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--Munich Re plans to increase earnings to more than EUR3 billion in the coming years, German newspaper Handelsblatt reports.

--The German reinsurer considers it possible to increase earnings by EUR300 million in the near term, Handelsblatt says, citing people familiar with the situation.

--Munich Re will present its long-term plan to investors in the fall, the newspaper says.

--In November, the reinsurer forecast a 2019 profit of more than EUR2.5 billion.

 

Full story (in German): https://bit.ly/30KGkVG

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

January 22, 2020 04:38 ET (09:38 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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