Swiss Re Profit Beats Estimates as Reinsurer Boosts Cost Cuts
Swiss Re AG’s first-half profit beat estimates as the reinsurer saw all key business units perform in line with targets, while the firm announced a fresh round of cost cuts. Profit for the second quarter was $1.3 billion, resulting in net income of $2.8 billion for the six months to June, the Zurich-based company said … Continued
Read Article
