Swiss Re’s net profit from its P&C reinsurance business rose over fourfold to $61mn last quarter from $13mn in Q1 2019 as the unit reserved $253mn for Covid-19 and booked $397mn in natural catastrophe claims.
Swiss Re’s net profit from its P&C reinsurance business rose over fourfold to $61mn last quarter from $13mn in Q1 2019 as the unit reserved $253mn for Covid-19 and booked $397mn in natural catastrophe claims.