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Decreasing half-yearly results for Swiss Re

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Magazine Issue: 
Loss of rationality [3]
Magazine date: 
Jul 2017

Swiss Re recorded a net result of 1.2 billion USD in the first half of 2017, down by 35% compared to the same period in 2016.

This decline was partly attributable to the Debbie loss which hit the northeast Of Australia in March 2017. This catastrophe weighed for 360 million USD on the result of the reinsurer Zurich.

Gross written premiums also fell by 8.3% to 18.1 billion USD. The non life combined ratio deteriorated by 0.2 to settle at 97.4%.

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Wed, 23/08/2017 - 12:30

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