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10 August 2023Insurance

Munich Re bullish on €4bn target, ‘tapping into encouraging market’

Global reinsurance giant Munich Re is bullish on achieving its target net result of €4 billion for 2023, having generated “considerably greater” half year profit than expected. CEO Joachim Wenning highlighted that the results were driven by solid performance in both the ERGO and reinsurance fields of business, supported by an overall “encouraging market environment”.

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