Swiss Re Corporate Solutions’ turnaround ‘ahead of plan’ despite Covid pushing it into the red

Andreas Berger, CEO at Swiss Re Corporate Solutions

Swiss Re Corporate Solutions reported “strong” and much-improved underlying performance last year, despite falling to a $350m loss as big Covid-19 claims and reserves of $943m struck. The numbers contributed to its parent group Swiss Re recording an $878m 2020 loss, following a $3.87bn pandemic hit. Swiss Re Corporate Solutions’ combined ratio for the year was 116.5%, from 127.9% a…

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