0742 GMT - Munich Re set out some lofty ambitions in its new business plan for 2030, but it looks achievable, Berenberg analyst Michael Christodoulou writes in a note. The German reinsurer has an ambitious target to increase underwriting and investment income, and pull out cost savings of around 600 million euros, he says. This--alongside growth in reinsurance, its international business through its ERGO subsidiary, and investment-income growth--should yield at least 18% return on equity for the plan, Christodoulou says. (aimee.look@wsj.com)
(END) Dow Jones Newswires
December 12, 2025 02:42 ET (07:42 GMT)
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