Swiss Re's Q2 results hit by sale of Admin Re at a loss

Gherkin Building in City of London

Swiss Re has reported net profit of $83m for the second quarter of 2012 as the result of the sale of the Admin Re US business at a loss of $1bn.

Property and casualty reinsurance delivered a strong result while life and health reinsurance net income benefited from realised gains. Group return on investment was a very good 4.5%.

Michel Liès

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