Swiss Re Returns to Q1 Profit, Driven by Adequate Pricing, Higher Investment Results

Swiss Re swung back to a first-quarter profit, reporting net income of $643 million compared with a loss of $248 million for the prior-year period.

Allstate Posts Loss With ‘Exceptionally’ High Catastrophe Costs

Allstate Corp. posted a bigger first-quarter loss than analysts expected as higher premiums failed to offset rising auto costs and soaring catastrophe losses.