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Switzerland’s reinsurer Swiss Re reported Friday significantly higher profit in its fiscal 2023, supported by improved underwriting margins and an increase in investment income with higher interest rates. Net premiums earned and fee income were higher than last year. Further, the company lifted its dividend, and confirmed forecast for higher earnings in fiscal 2024. In Switzerland, Swiss Re shares were losing around 2.4% to trade at 101.15 Swiss francs. Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said, “We achieved all our financial targets in a year that was characterised b…

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