November 1, 2018 / 6:12 AM / 16 days ago

Swiss Re swings to profit in first 9 months despite large claims

FRANKFURT, Nov 1 (Reuters) - Reinsurer Swiss Re on Thursday returned to a net profit in the first nine months of the year from a loss a year earlier, despite a series of large claims from big natural catastrophes and man-made disasters.

Net profit was $1.1 billion during the period, up from a $468 million loss during the same period last year.

Reporting by Tom Sims, editing by Riham Alkousaa

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below