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Nervous Investors at Munich Re
Summary by Herbert Frommes Versicherungsmonitor
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Herbert Frommes Column On August 8, the reinsurer Munich Re announced its half-year figures, which were roughly in line with market expectations. The company changed the outlook for expected sales in claims and accident reinsurance. That was enough for a significant fall in the share price. Even if it might have been exaggerated, the price decline shows how nervous Munich-Re shareholders are now. After 14 positive years, the reinsurer faces trou…
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