Reinsurance company Swiss Re (SRENH.S), opens new tab said on Thursday that net profit rose 17% in the first six months of the year, roughly in line with expectations, and it maintained its full-year targets.
Earnings got a lift from low claims for natural catastrophe and investment income, Swiss Re said, while its digital white-label business that it is exiting continued to make a loss.
The net profit of $2.09 billion in the period compares with a profit $1.79 billion a year earlier. Analysts had expected a profit of $2.02 billion, according to a consensus forecast.
Source: REUTER
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