0707 GMT - German reinsurer Munich Re's new plan to grow earnings per share annually by more than 8% from 2026-30 is a pleasing development, given the longer timeline compared with peers, analysts at J.P. Morgan write in a note. The analysts currently forecast 8% average EPS growth from 2027-28, so Munich Re's comfort in guiding for a longer time frame than European peers--which currently give three-year plans--begs confidence, they say. Competitor Allianz guided for 7% to 9% for 2024-27, and Munich Re is trading at a discount to the company. The headlines from Munich Re come ahead of more details in an investor day later Thursday. (aimee.look@wsj.com)
(END) Dow Jones Newswires
December 11, 2025 02:07 ET (07:07 GMT)
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