Swiss Re posts huge rise in net income as P&C Re CoR strengthens to 94.8%

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Reinsurance News - Feb 16, 2024

Large European reinsurer Swiss Re has today reported a significant rise in net income to $3.2 billion for 2023 and a return on equity of 22.3%, as underwriting margins improved and the firm’s P&C reinsurance arm delivered income of $1.9 billion. Group-wide, net income increased by 578% fro...

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