Swiss Re adds $650mn in US casualty reserves over H1
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Swiss Re adds $650mn in US casualty reserves over H1

Positive cat experience impact of $600mn was offset by $500mn in property and specialty reserves.

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Swiss Re bolstered its reserves for US casualty by $650mn over H1, according to its mid-year results.

The addition comes after the carrier added more than $2bn to its casualty reserves over 2023.

Citi

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