Magazine date:
May 2020 
Due to the global health crisis, Swiss Re [4] recorded a loss of 225 million USD in the first quarter of 2020 compared to a net profit of 430 million USD a year earlier
Such negative result is due to a charge of 476 million USD in the P&C and liability class of business.
The deficit also takes into account the costs generated by the postponement of the 2020 Tokyo Olympic Games. [5] No further information has been given by the reinsurer on the matter.