Insurance Post

Swiss Re net income soars to $786m in Q2 2013 despite nat cat hit in P&C

michel-lies

Swiss Re this morning reported net income of US$786m (Q2 2012: US$83m)in the second quarter of the year on premiums earned of $6.8bn (Q2 2012: US$6.1bn).

The property and casualty reinsurance net income reduced to US$468m (Q2 2012: $717m) on the back of some major catastrophes, although premiums earned were up 12% at US$3.2bn (Q2 2012: US$ 2.8n) due

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