Munich Re released, together with its annual report for 2015, business targets for 2016 and a new share buy-back programme. The group is aiming for a consolidated result of €2.3bn to €2.8bn for FY2016 assuming no large unexpected claims or severe currency and capital market developments. In reinsurance, the consolidated result for 2016 should be in the range of €1.9bn to €2.4bn. For the ERGO field of business, Munich Re projects a consolidated result for 2016 in the order
16 Mar 2016
New profit target and share buy-back programme for FY2016 released
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New profit target and share buy-back programme for FY2016 released
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
16 Mar 2016 -
Author:
Dieter Hein -
Pages:
2
Munich Re released, together with its annual report for 2015, business targets for 2016 and a new share buy-back programme. The group is aiming for a consolidated result of €2.3bn to €2.8bn for FY2016 assuming no large unexpected claims or severe currency and capital market developments. In reinsurance, the consolidated result for 2016 should be in the range of €1.9bn to €2.4bn. For the ERGO field of business, Munich Re projects a consolidated result for 2016 in the order