On $SREN.ZU (Swiss Re AG) earnings:
Profit for the second quarter was $996 million, resulting in net income of $2.1 billion for the six months to June, the Zurich-based insurer said in a statement Thursday. Return on the group’s investment portfolio was 4% for the first half of the year, compared with 2.8% a year earlier.
From Bloomberg, CEO says company confirms $3.6 billion profit target for 2024
After changing CEO, appointing a new CFO and making other changes in the C-suite and management, it looks like they’re making great progress. Maintaining or improving underwriting discipline and producing good results. ... Show More
