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Swiss Re Reports $665M First-Quarter Loss On $2.3B Cat Losses
By Mark E. RuquetThe impact of natural catastrophes took a toll on Swiss Re during the 2011 first quarter, as the company reported a net loss of $665 million.
Reinsurance is pivotal to keeping insurers going in the wake of such as major insurable disasters as hurricanes and wildfires. This is where insurance professionals will find the information they need about the state of the insurance industry, managing risks, and how to navigate the most impactful events of our time.
The impact of natural catastrophes took a toll on Swiss Re during the 2011 first quarter, as the company reported a net loss of $665 million.
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