Munich Re : The group presented cautious financial targets for the next five years
>Annual average EPS growth =5% out to 2025 - Yesterday afternoon, Munich Re presented its financial outlook out to 2025. Note that the group already announced one week ago that it expects to generate net income of around € 1.2bn this year and € 2.8bn next year. Munich Re is aiming for average annual growth in EPS =5% over 2020-2025 (vs 2020 net income excluding COVID costs of € 2.8bn), average annual growth in the dividend per share of =5% also and an increase in its ...Muenchener Rueckversicherungs-Gesellschaft is engaged in reinsurance, primary insurance and asset management. Co.'s international life business is written in the Life Division. The Global Clients and North America division manages accounts with international insurance groups. The Europe and Latin America division manages property-casualty business in Europe, Latin America and the Caribbean. The Germany, Asia Pacific and Africa division conducts property-casualty business in Germany, Africa, Asia, Australia and the Pacific Islands. The Special and Financial Risks division manages the classes of credit, aviation and space, agriculture, enterprise and contingency risks.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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