Munich Re reviewing P&C reinsurance revenue outlook, Boersen-Zeitung newspaper reports
BERLIN, July 21 (Reuters) - Munich Re is reassessing its revenue outlook for its property and casualty reinsurance business as softer market conditions weigh on growth prospects, Germany's Boersen-Zeitung newspaper reported on Tuesday, citing Chief Financial Officer Andrew Buchanan. The German reinsurer had said in May that achieving its 2026 revenue target of €40 billion ($46.7 billion) for the division had become more challenging.
BERLIN, July 21 (Reuters) - Munich Re is reassessing its revenue outlook for its property and casualty reinsurance business as softer market conditions weigh on growth prospects, Germany's Boersen-Zeitung newspaper reported on Tuesday, citing Chief Financial Officer Andrew Buchanan. The German reinsurer had said in May that achieving its 2026 revenue target of €40 billion ($46.7 billion) for the division had become more challenging.
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