Munich Re announces profit guidance of EUR4bn for 2023
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Munich Re announces profit guidance of EUR4bn for 2023

Aisling Finn
15 December 2022
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Munich Re logo Munich Germany.jpg

Munich Re is aiming for a consolidated profit of around EUR4bn ($4.03bn) for the 2023 financial year under the new International Financial Reporting Standards (IFRS 17).

Insurance revenues are expected to reach around EUR58bn, and the return on investment will amount to at least 2.2%,

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