Moody's Ups Munich Re Outlook to 'Stable'
NU Online News Service, March 18, 2:14 p.m. EST?Moody's Investors Service has revised the world's biggest reinsurer Munich Re's financial strength rating outlook to "Stable" from "Negative," following the company's report of improved profitability.[@@]
The rating firm's new outlook follows a management prediction of a 9 percent rise in earnings and applies to Munich Re's "Aa3" insurance financial strength rating and ratings of other business units of the Munich, Germany-based reinsurer.
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