HALISTER: Munich Re Targets EU2.3b-EU2.8b FY Profit After EU3.1b in 2015

Munich Re Targets EU2.3b-EU2.8b FY Profit After EU3.1b in 2015

(Bloomberg) -- Munich Re plans buyback of up to EU1b shares
  • Sees EU1.9b-EU2.4b FY reinsurance result
  • Sees EU250m-EU350m FY Ergo result
  • Says Ergo target doesn’t include future restructuring expenses
  • Sees EU50m-EU100m FY Munich Health result
  • Sees ROI of 3% in 2016
  • Confirms EU2b FY major loss budget
  • NOTE March 15: Munich Re Names Joachim Wenning CEO to Succeed von Bomhard
  • NOTE Feb.4: Munich Re Jumps Most in Four Years After Dividend Beats Forecast
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
MUV2 GR (Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen)

People
Joachim Wenning (Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen)

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