Munich Re said it planned to buy back EUR1bn ($1.3bn) of its shares as it reported a 25 percent drop in its third quarter operating profit, weighed by a higher claims bill at its core reinsurance arm.
Munich Re said it planned to buy back EUR1bn ($1.3bn) of its shares as it reported a 25 percent drop in its third quarter operating profit, weighed by a higher claims bill at its core reinsurance arm.