Tuesday, February 23, 2016

Swiss Re Profit Climbs, Premiums Down; Names Christian Mumenthaler CEO

Reinsurer Swiss Re reported a significant increase in its fourth-quarter profit, reflecting the turnaround in Life & Health Reinsurance and Admin Re segments. This was despite weak premiums. The company lifted its dividend and announced up to 1 billion Swiss francs share buyback. The company also announced the appointment of Christian Mumenthaler as CEO.

from RTT - Earnings http://ift.tt/1L8a0Sx
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