Swiss Re results 2017 News

CEO Says Swiss Re Open to Anchor Shareholder Following Softbank Inquiry

Swiss Re AG’s chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son’s SoftBank Group Corp. In a business where results can change radically from one year to the next, “it’s not a bad …

Swiss Re Posts $468M 9-Month Loss, Anticipates Re/Insurance Rate Hikes

A rise in insurance premiums, especially in areas affected by recent hurricanes and disasters, will help Swiss Re recover from almost half a billion dollars of losses in the first nine months of this year, it said on Thursday. “We …

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 …