Munich Re targets €3bn profit for 2013 after weak Q3
Munich Re believes profit of €3bn (£2.5bn) to be “achievable” for the full year after achieving profit of €2.2bn for the first nine months.
The German reinsurer's consolidated profit for the first three quarters was down from €2.7bn in the same period in 2012.
For the third quarter, profit fell to €636m (2012: €1,136m), marked by major
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