Swiss Re Reports Third-Quarter Net Profit of $1.34 Billion, Down Year Over Year
Swiss Re reported third-quarter net profit of $1.34 billion, down from $1.43 billion a year earlier. The reinsurer also benefited from lower-than-expected natural disaster losses in the first nine months of the year.
By Aimee LookSwiss Re booked a fall in net profit for the third quarter, though the reinsurer benefited from lower-than-expected natural disaster losses in the first nine months of the year.The company reported $1.34 billion in net profit for the third quarter, down from $1.43 billion in the same p…