With $1bn H1 profit Swiss Re reaps the reward of 'decisive actions'

Global reinsurer Swiss Re is reaping the reward of "decisive actions" and "disciplined underwriting" as it turned its $1.1 billion loss of last year into a solid profit in the first half of 2021. Its chief executive Christian Mumenthaler (pictured) confirmed that its Corporate Solutions business is now "back on track" following a strategic turnaround late last year.