Reinsurer Swiss Re Swings to Nine-Month Profit Despite Big Claims

Reinsurance company Swiss Re said on Friday it swung to a better-than-expected net profit in the first nine months as it recovers from the impact of the coronavirus pandemic despite big claims from major storms on both sides of the Atlantic. The company’s net profit in the reported period came in at $1.3 billion, from… Continue reading Reinsurer Swiss Re Swings to Nine-Month Profit Despite Big Claims