Wednesday, April 29, 2020

Swiss Re Slips To Loss In Q1 - Quick Facts

Reinsurer Swiss Re (SSREY.PK) on Thursday reported net loss for the first quarter of $225 million, compared to net income of $429 million a year ago. The net loss reflects the impact of COVID-19, notably a pre-tax charge of $476 million for the property and casualty businesses.

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