Swiss Re P&C arm hit by nat cat losses in Q2 2013 as COR jumps to 100.7%
Swiss Re this morning reported net income of US$786m (Q2 2012: US$83m) in the second quarter of the year on premiums earned of $6.8bn (Q2 2012: US$6.1bn).
The property and casualty reinsurance net income reduced to US$468m (Q2 2012: $717m) on the back of some major catastrophes, although premiums earned were up 12% at US$3.2bn (Q2 2012: US$ 2.8n) due
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