Magazine date:
Feb 2015 According to the latest figures published by Swiss Re, the net profit achieved by the company in 2014 amounted to 3.5 billion USD (-20.4% compared to 2013).
This decline is partly due to the poor results of the life and health class of business of the second global reinsurer. The latter, posted a net loss of 462 million USD in late 2014 (against a profit of 420 million USD, a year earlier).
As for the non life insurance, it recorded a net benefit up by 10.4%, at 3.6 billion USD, over the same period, for earned premiums of 15.6 billion USD (+7.3%).
It should be noted that, despite these mitigated results, Swiss Re remains confident in fullfilling its 2011-2015 targets.