Swiss Re posts Q1’24 net income of $1.1bn and P&C CoR of 84.7%

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Reinsurance News - May 16, 2024

Reinsurance giant Swiss Re has announced net income of $1.1 billion and a return on equity (ROE) of 21.3% for the first quarter of 2024, as property and casualty reinsurance net income hit $552 million with a combined ratio of 84.7%. For Q1 2024, Swiss Re is reporting under IFRS for the first time,...

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