Home Financial News Munich RE sees 2010 ROI below 4%

Munich RE sees 2010 ROI below 4%

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German reiMunich RE CEO Nikolaus von Bomhardnsurer Munich RE Wednesday still expects return on investment for 2010 that is noticeably below 4%, its Chief Executive Nikolaus von Bomhard said.

The Munich-based company further predicts its return on risk adjusted capital of 15% after tax over the renewal cycle. The company also expects more sustainable earnings as the result of less volatility in its investments.

The repeated outlook statements were presented by von Bomhard at an investor conference in New York.