Munich Re released, together with its annual report for 2016, business targets for 2017 and a new share buy-back programme. The group is aiming for a consolidated result of €2.0bn to €2.4bn for FY2017 assuming no large unexpected claims or severe currency and capital market developments. In reinsurance, the consolidated result for 2017 should be in the range of €1.8bn to €2.2bn. For ERGO’s field of business, Munich Re projects a consolidated result for 2017 in the or
15 Mar 2017
New disappointing profit target and new share buy-back programme for FY2017 released
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New disappointing profit target and new share buy-back programme for FY2017 released
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
15 Mar 2017 -
Author:
Dieter Hein -
Pages:
2
Munich Re released, together with its annual report for 2016, business targets for 2017 and a new share buy-back programme. The group is aiming for a consolidated result of €2.0bn to €2.4bn for FY2017 assuming no large unexpected claims or severe currency and capital market developments. In reinsurance, the consolidated result for 2017 should be in the range of €1.8bn to €2.2bn. For ERGO’s field of business, Munich Re projects a consolidated result for 2017 in the or