Swiss Re posts first half profit
Swiss Re has reported successful first half 2006 results with net income of CHF 1.6bn, up 16% compared to a strong first half of 2005. Annualised return on equity was 13.9% and shareholders’ equity increased 18% to CHF 27.1bn.
Total premiums earned rose to CHF 13.8bn in the first half of 2006 compared to CHF 13.2bn a year earlier, benefiting from higher foreign exchange rates and the first three weeks of revenues from the
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