Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, sending its shares lower. Net profit in the year rose 73% to $727 million, up from $421 million in 2018, but analysts had expected… Continue reading Swiss Re Misses Expectations Amid Storms, U.S. Casualty Claims
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