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23 May 2012

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Swiss Re Q3 profits leap; sees 'modest' market turn

3 November 2011

Swiss Re has called a turn in the P&C market as its profits climbed by 118 percent and its own P&C unit held the combined ratio to just 80.8 percent for the third quarter.

"With the persistently low interest rate environment, Swiss Re believes a modest but broad market turn in the property and casualty market is underway," the company said.

Swiss Re joined a growing number of third-quarter reporters making upbeat statements about the likely pricing environment as the...


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