Swiss Re sets sights on tailored reinsurance after disasters hit results

Fri, 07/29/2016 - 10:39
by Brenna Hughes Neghaiwi of Reuters

* Q2 net profit down 22 pct to $637 million, beating estimates

* Property and casualty combined ratio 101 percent

* CFO says prices remain under pressure

* CFO estimates full-year catastrophe outlays of $1.2 bln, under $1.5 bln budget

* Tailored deals up 76 pct in July renewals seasons (Recasts with CFO comments)

Click Here to Read More

Comments (0)