RESEARCH ALERT-Nomura cuts Munich Re to reduce

Oct 5 (Reuters) - : * Nomura cuts Munich Re to reduce from buy * Nomura cuts Hannover Re to reduce from neutral; price target to 46 euros from 40 euros

* Nomura cuts Swiss Re to reduce from neutral

For a summary of rating actions and price target changes on European companies:

Reuters Eikon users, click on

Reuters 3000Xtra users, double-click

Reuters Station users, click .1580

((Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))