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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…

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