Corporate Solutions, catastrophes drag down profits at Swiss Re in first half 2019; CEO remains bullish

31-07-2019

Corporate Solutions, catastrophes drag down profits at Swiss Re in first half 2019; CEO remains bullish

Zurich-based global reinsurer Swiss Re's half year 2019 net profit fell despite strong reinsurance performance in both property/casualty and life & health segments and investment gains, due to losses stemming from natural catastrophes, Ethiopian Airlines crash, Boeing 737 MAX fleet grounding, and a large reserve charge for Corporate Solutions business.


Swiss Re, Half Year Results 2019, Reinsurance, Property, Casualty, Corporate Solutions, Net loss, Catastrophe, Zurich, Europe, Christian Mumenthaler

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