Swiss Re : Q1 2021 results dominated by nat cat claims and COVID-19 losses
>We forecast Q1 2021 net profit attributable of $ 122m - Swiss Re is due to report Q1 2021 results on 30 April before market opening. We forecast net attributable profit of $ 122m (consensus $10m loss). Swiss Re’s results should be negatively impacted by sizable nat cat losses and ongoing claims linked to the COVID-19 pandemic. Furthermore, the group might digest some negative effects linked to forex movements in the quarter. P/C reinsurance hit by nat ...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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