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
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(END) Dow Jones Newswires
January 22, 2020 04:38 ET (09:38 GMT)
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