Swiss Re Q1 Net Income Drops by 45% on Cyclone Debbie Claims

Swiss Re reported net income of US$656 million during the first quarter of 2017, a 45 percent drop from $1.2 billion reported in the same period last year. Swiss Re’s Q1 result was hammered by expected claims from natural catastrophe …
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Swiss Re Q1 Net Income Drops by 45% on Cyclone Debbie Claims was originally posted by ClaimsMate.com Insurance Information Resources