Von Bomhard fixes on profitable future for Munich Re
Nikolaus Von Bomhard, the new chairman of Munich Re’s board of management, has said that the group’s objective for 2004 is a net profit of €2bn.
Herr Von Bomhard commented that he expects crucial growth in value for the group from underwriting business, adding that ‘striking progress’ had already been made in this area in 2003.He added that he
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