Swiss Re: 2018 half-year profit below expectations
Swiss Re recorded a net profit of 1.01 billion USD in the first half of 2018, down by 17% from the same period in 2017. This result is below the expectations of the Swiss reinsurer. As for the gross premiums, they rose by 8% to 19.59 billion USD.
The combined ratio of the non life class of business improved by 4.5% to reach 92.9%, while Shareholder’s equity dropped by nearly 13% to 30.05 billion USD.
Read also:
0
Your rating: None
Thu, 09/08/2018 - 13:05
The online magazine
Live coverage
04/26
04/26
04/26
04/26
04/25
Latest news