Swiss Re P&C H1 net profit down 75% on Ukraine and investment downturn
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Swiss Re P&C H1 net profit down 75% on Ukraine and investment downturn

Rachel Dalton
29 July 2022
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Swiss Re’s P&C unit reported H1 net profit of $316mn, down 75.2% on last year’s $1.3bn, after significant cat and Ukraine losses in Q1 and lower investment returns.

At a group level, Swiss Re reported net profit for the half of $157mn, an 85% reduction on the prior-year period.

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Rachel Dalton
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