Swiss Re posts $225mn Q1 loss as Covid-19 bites
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Swiss Re posts $225mn Q1 loss as Covid-19 bites

Rachel Dalton
30 April 2020
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Swiss Re’s net profit from its P&C reinsurance business more than quadrupled from last year’s low of $13mn to $61mn in Q1, but the unit was forced to reserve $253mn for Covid-19 and paid $397mn for natural catastrophe claims.

The...

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