Swiss Re 2022 net income of $900m on nat cat losses
By IAN Editorial Desk Swiss Re reported 2022 net income of USD 472 million after a heavy natural catastrophe year and war-related reserving, against a...
Swiss Re reported 2022 net income of USD 472 million after a heavy natural catastrophe year and war-related reserving, against a backdrop of elevated global insured losses. The result came despite USD 2.7 billion of large nat cat claims in the first nine months and a combined ratio above 100%, leaving the group targeting a sharp rebound in profitability in…
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