Swiss Re : Favourable outlook in P&C although the group is still cautious
>Projected improvement in combined ratio for P&C reinsurance - Swiss Re held an investor day on Friday. The group said it now expects a normalised combined ratio for P&C reinsurance of = 97% this year (vs 97% forecast previously) and = 96% next year. The improvement in the normalised combined ratio is expected to result from ongoing price increases. The group is likely to fine-tune its guidance after the 1 January renewals. Moreover, Swiss Re confirmed it had taken a...Swiss Re is engaged in wholesale reinsurance, insurance and risk transfer solutions. Co.'s clients include insurance companies, corporations, the public sector and policyholders. Co.'s business units include: Property & Casualty Reinsurance, which includes the business lines property and casualty (including motor); Life & Health Reinsurance, which includes the life and health line of business; Corporate Solutions, which serves mid-sized and large corporations, with product offerings ranging from property and casualty insurance to customised solutions; and Admin Re®, which provides risk and capital management solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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