Skip to Content
Global News Select

Munich Re Sets New 2025 Financial Targets, Environmental Goals

   By Olivia Bugault 
 

Munich Re on Tuesday set new financial targets for the five next years as part of its 'Ambition 2025' plan, including higher profitability and environmental initiatives.

The German reinsurance giant said the plan will bolster the growth of its core business and help the development of new business models.

In order to measure the success of its plan, Munich Re set new targets that include getting a return on equity of between 12% and 14% by 2025 and growing earnings per share by 5% or more on average and annually by 2025.

Munich Re also targets an increase of its dividend per share of 5% or more per year on average, while its solvency ratio should remain between 175% and 220%.

"As an environmentally conscientious business, Munich Re will play its part in meeting the targets of the Paris Climate Agreement," the company said. Munich Re said that it targets net-zero emissions in its portfolio investment by 2050. As a first step to achieve this goal, the company will reduce net greenhouse gas emissions in its investment portfolio by 25% to 29% between now and 2025, it said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

December 08, 2020 05:20 ET (10:20 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.