Thursday, May 5, 2011

Swiss Re Swings to Loss on Quakes

Thursday, May 5, 2011

Swiss Re on Thursday joined a growing list of reinsurers being hit by hefty claims from recent natural catastrophes, with those costs and fewer gains from investments pushing it to a net loss for the first quarter.

The Zurich-based reinsurer swung to a $665 million net loss in the quarter ended March 31 from ...

Powered By | Full Text RSS Feed | Amazon Plugin | Hud Settlement Statement


Post a Comment