Swiss Re returns to profit with Q1 result of $643mn

04 May 2023

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Swiss Re booked a group net profit for Q1 of $643mn, compared with a $248mn loss in the same period last year and 6.1% ahead of an analyst consensus of $606mn.

Both the carrier’s P&C re and Corporate Solutions (CorSo) units reported improved net profits for the quarter, which suffered from heavy Ukraine losses and market volatility in early 2022.

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Swiss Re returns to profit with Q1 result of $643mn

Swiss Re booked a group net profit for Q1 of $643mn, compared with a $248mn loss in the same period last year and 6.1% ahead of an analyst consensus of $606mn.

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Swiss Re returns to profit with Q1 result of $643mn

Swiss Re booked a group net profit for Q1 of $643mn, compared with a $248mn loss in the same period last year and 6.1% ahead of an analyst consensus of $606mn.

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Fuel a smarter strategy with our actionable market intelligence

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