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Muenchener Rueckversicherungs Gesellschaft in Muenchen AG (MUVGn.DE)

MUVGn.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Munich Re says to buy back shares from Sept. 15
Wednesday, 14 Sep 2016 12:51pm EDT 

Munich Re : Says board of management is availing itself of authorisation to buy back shares granted by annual general meeting on 27 april 2016 . Says buy-back for a maximum total purchase price (excluding incidental expenses) of eur 1 billion shall be carried out in several tranches . Says a second tranche with a maximum total purchase price (excluding incidental expenses) of up to eur 360 million will be carried out in period between 15 september 2016 and 15 december 2016 Further company coverage: [MUVGn.DE] (Reporting by Frankfurt Newsroom) ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Munich Re says doubling H1 earnings not overly confident in FY
Tuesday, 9 Aug 2016 04:32am EDT 

Munich RE : Board member says potential for release of provisions for claims in 2016 around 6 percent, in following yrs 4 percent . CEO says doubling of H1 earnings in FY not overly confident, but we are cautious . CEO says next year will certainly not be easier . Says storms in germany cost 49 million eur in primary insurance, 25 million in reinsurance Further company coverage: [MUVGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1272;)).  Full Article

Munich Re's Ergo says can finance restructuring itself
Wednesday, 1 Jun 2016 10:49am EDT 

Muenchener Rueckversicherungs Gesellschaft In Muenchen AG : Cfo says potential sale of ergo life back book is not on the agenda . Munich re's ergo says is talking to unions to achieve consensus on job cuts, does not see revamp being jeopardised Further company coverage: [MUVGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1272;)).  Full Article

Munich Re Group resolves share buy-back
Wednesday, 16 Mar 2016 02:37am EDT 

Munich Re Group AG:To buy back up to 1 billion euros of its own shares by late April 2017, part of its effort to return capital to shareholders that it cannot put to work in an insurance market where prices are under pressure.Buyback would amount to 5.4 million shares, or 3.2 percent of capital, based on the current price.  Full Article

Munich Re Group to propose FY 2015 dividend
Wednesday, 3 Feb 2016 07:00pm EST 

Munich Re Group AG:Subject to approval by Supervisory Board and Annual General Meeting, the dividend will rise to 8.25 euros per share for FY 2015.  Full Article

Munich Re Group AG, Metabiota enter cooperation in epidemics risk analysis
Monday, 1 Feb 2016 04:00am EST 

Munich Re Group AG:Cooperation between Munich Re and Metabiota will push risk transfer solutions for epidemic risks.Munich Re has entered into long term cooperation agreement with Metabiota, San Francisco-based company that has pioneered use of real-time data collection and comprehensive risk analytics for epidemics.  Full Article

Munich Re Group AG raises FY 2015 outlook
Thursday, 6 Aug 2015 01:30am EDT 

Munich Re Group AG:Expects 2015 net profit of at least 3 billion euros vs previous forecast of 2.5 billion - 3 billion euros.FY 2015 net income 2,813 million euros - Thomson Reuters I/B/E/S.  Full Article

Munich Re Group confirms FY 2015 earnings forecast, raises FY 2015 gross premiums written outlook
Wednesday, 6 May 2015 08:00pm EDT 

Munich Re Group AG:Group result target for FY 2015 of 2.5 billion euros – 3 billion euros confirmed.Now anticipates that for the financial year 2015 its gross premiums written will be in the range of 49 billion euros –51 billion euros.FY 2015 net result estimate 2.8 billion euros - Thomson Reuters I/B/E/S.  Full Article

Munich Re Group AG to buy back shares and issues FY 2015 outlook
Wednesday, 11 Mar 2015 02:43am EDT 

Munich Re Group AG:Plans to buy back shares worth up to 1 billion euros by 2016 AGM.At current share price it would buy 5.3 million shares, or 3.1 pct of share capital, in share buyback.Aims for FY 2015 profit of 2.5 billion-3 billion euros, gross premiums of 47 billion-49 billion euros.  Full Article

Munich Re Group AG proposes FY 2014 dividend
Wednesday, 4 Feb 2015 07:00pm EST 

Munich Re Group AG:Says subject to approval by Supervisory Board and Annual General Meeting, the dividend will rise to 7.75 euros (last year 7.25 euros) per share for FY 2014.  Full Article

BRIEF-Munich Re says to buy back shares from Sept. 15

* Says board of management is availing itself of authorisation to buy back shares granted by annual general meeting on 27 april 2016