Munich Re to revisit earnings target statement
Munich Re's stated objective to earn €2.4bn (£2.1bn) in 2011 may have to be revisited following the devastating earthquake in Japan.
In the first quarter, Austr- alasian natural catastrophes have already cost Munich Re A$1.5bn (£920m), including A$1bn from last month's earthquake near Christchurch, New Zealand, and further losses
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