'Benign catastrophe experience' helps Swiss Re to $1.1bn profit
Swiss Re reported first-quarter net income of $1.1bn for 2012, compared with a $665m loss in the prior year period.
The group's combined ratio was 84.9% for the first three months, down from 163.7% in the first quarter of 2011.
The firm said the result was driven by strong underwriting and good investment
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