Swiss Re expects a $1.3 bln claims burden from Q4 catastrophes [Reuters]
SWISS RE LTD S/ADR (SSREY)
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Source: Reuters
Swiss Re expects a $1.3 billion claims burden from Q4 catastrophes | Reuters 1 Min Read ZURICH (Reuters) - Reinsurer Swiss Re ( SRENH.S ) on Tuesday estimated it faced a roughly $1.3 billion claims burden from natural catastrophes and large man-made events in the fourth quarter, bringing its pre-tax total to $2.9 billion for 2018. “The last quarter of 2018 was severely impacted by natural catastrophes,” said Edouard Schmid, Swiss Re’s Group Chief Underwriting Officer, in a statement. “We are working closely with our clients to ensure affected people and communities are supported.” Reporting by John Miller, editing by John Revill All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Swiss Re expects a $1.3 billion claims burden from Q4 catastrophes ZURICH (Reuters) - Reinsurer Swiss Re ( SRENH.S ) on Tuesday estimated it faced a roughly $1.3 billion claims burden from natural catastrophes and
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