Swiss Re P&C posts H1 CR of 94.7% as net income jumps to $904mn

Swiss Re delivered a P&C reinsurance combined ratio of 94.7 percent in the first half of 2023 – an improvement of 3.8 percentage points from the same period last year – with the carrier’s net income increasing almost threefold thanks to lower-than-expected natural catastrophe claims.

 

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