Net profit attributable to shareholders rose by 14% to $1.4bn for Q3 15 compared to Q3 14 and was up by 70% compared to Q2 15. Premiums earned decreased by 5% to $7.76bn for Q3 15 compared to Q3 14. Net investment income was down by 9% to $912m for Q3 15. Swiss Re reported an annualised return on investment of 3.2% for the group for Q3 15 compared to 3.5% for Q3 14. Total revenues declined by 18% to $7.91bn for Q3 15. Claims expenses decreased by 13% to $2.4bn for Q3 15. The group's combined
29 Oct 2015
Strong Q3 earnings and a share buy-back programme
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Strong Q3 earnings and a share buy-back programme
Swiss Re AG (0QL6:LON) | 0 0 (-0.7%) | Mkt Cap: 32,740m
- Published:
29 Oct 2015 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shareholders rose by 14% to $1.4bn for Q3 15 compared to Q3 14 and was up by 70% compared to Q2 15. Premiums earned decreased by 5% to $7.76bn for Q3 15 compared to Q3 14. Net investment income was down by 9% to $912m for Q3 15. Swiss Re reported an annualised return on investment of 3.2% for the group for Q3 15 compared to 3.5% for Q3 14. Total revenues declined by 18% to $7.91bn for Q3 15. Claims expenses decreased by 13% to $2.4bn for Q3 15. The group's combined