For the first time Swiss Re released only key figures for the Q1 making any meaningful analysis of the Q1 business trends rather limited. Gross premiums written declined by 10.5% (8.8% at constant currency) to $11.4bn for Q1 17 compared to Q1 16. Net profit attributable to shareholders decreased by 47% to $656m for Q1 17 compared to Q1 16 after $350m expected insurance claims from Cyclone Debbie in Q1 17. Swiss Re reported a return on investment of 3.4% for the group for Q1 17 compared to 3.7
04 May 2017
Weaker start into FY2017
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Weaker start into FY2017
Swiss Re AG (0QL6:LON) | 0 0 (-0.7%) | Mkt Cap: 32,740m
- Published:
04 May 2017 -
Author:
Dieter Hein -
Pages:
2
For the first time Swiss Re released only key figures for the Q1 making any meaningful analysis of the Q1 business trends rather limited. Gross premiums written declined by 10.5% (8.8% at constant currency) to $11.4bn for Q1 17 compared to Q1 16. Net profit attributable to shareholders decreased by 47% to $656m for Q1 17 compared to Q1 16 after $350m expected insurance claims from Cyclone Debbie in Q1 17. Swiss Re reported a return on investment of 3.4% for the group for Q1 17 compared to 3.7