News Reinsurance22 Feb 2021

Global:Swiss Re dragged into red ink by COVID-19-related claims and reserves

| 22 Feb 2021

Swiss Re has reported a Group net loss of $878m for 2020. Excluding $3.9bn of COVID-19-related claims and reserves (pre-tax) for the year, Swiss Re's net income was $2.2bn, a material increase from $727m in 2019, the global reinsurance giant says in a statement.

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