Analysts 'staggered' by Munich Re’s EUR1bn Ergo overhaul
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Analysts 'staggered' by Munich Re’s EUR1bn Ergo overhaul

02 June 2016
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Munich Re's plan to invest EUR1bn into its insurance subsidiary Ergo as it slashes 1,800 jobs amid a massive overhaul has "staggered" Keefe, Bruyette & Woods analyst William Hawkins.

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