swissre
Swiss reinsurance company Swiss Re on Thursday reported a net income of $1.1 billion or $3.76 per share for the first quarter of 2024. Insurance revenue for the period from January to March was $11.7 billion, the company said. As the company reported results based on the International Financial Reporting Standards or IFRS for the first time, the result is not comparable to the same period in 2023, Swiss Re said in a statement. Swiss Re's chief executive Christian Mumenthaler said that the strong earnings in the first quarter have given the company a positive start to the year as it continues t...
DPA Breaking News
Swiss reinsurance company Swiss Re Ltd announced on Wednesday that it has appointed Andreas Berger as group chief executive officer, starting from July 1. He succeeds Christian Mumenthaler, who will step down from the role after eight years as Group chief executive and 25 years with Swiss Re. Berger, who is currently chief executive of corporate solutions, will step down from that role at the same time. Swiss Re has initiated the selection process for Berger's successor. Mumenthaler joined Swiss Re in 1999. During Mumenthaler's eight-year tenure as chief executive, Swiss Re's premiums earned a...
DPA Breaking News
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