Swiss Re P&C unit swings to $1.5bn profit as underwriting improves and investments surge

29 October 2021

Swiss Re reported a nine-month net profit of $1.46bn for its P&C unit, compared with a loss of $201mn in the same period last year, as its combined ratio returned to a sub-100% position.

At group level, Swiss Re booked a net profit of $1.26bn, after a loss of $691mn in the first nine months of 2020.

The

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