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International

Swiss Re reports more than $1 billion loss

July 23, 2020 Reprints

Swiss Re Ltd. reported a net loss of around $1.1 billion for the first half of the year, driven by $2.5 billion of claims and reserves related to the COVID-19 pandemic, Asia Insurance Review reports. The reinsurer booked $476 million of losses related to the pandemic in the first quarter.

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Swiss Re reports more than $1 billion loss

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