Friday, February 25, 2022

Swiss Re Turns To FY21 Profit, COVID-19 Impact To Remain; Stock Down

Swiss reinsurer Swiss Re AG reported Friday a profit in its fiscal 2021, compared to prior year's loss, with improved results in property and casualty businesses, despite large natural catastrophe events. Meanwhile, Life & Health Reinsurance were hit hard by significant COVID-19 losses. For 2022, Swiss Re expects the performance of its P&C Re businesses to continue to improve.

from RTT - Earnings https://ift.tt/4QLsTiB
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