Swiss Re shares were trading down this morning after the reinsurer announced a SFr1.2bn (£524mn) hit - SFr981mn after tax - on two credit default swaps linked to mortgage backed securities.
Swiss Re shares were trading down this morning after the reinsurer announced a SFr1.2bn (£524mn) hit - SFr981mn after tax - on two credit default swaps linked to mortgage backed securities.