Swiss Re shares dip on Covid-19 induced profit warning

Swiss Re shares shed more than 3.6 percent during Thursday trading as investors reacted to the carrier’s H1 2020 profit warning of a $1.1bn interim loss driven by $2.5bn in claims and reserves related to the Covid-19 pandemic.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com