Tag: Swiss Re expects to cover majority of COVID-19 losses

Insurance

Swiss Re expects to cover majority of COVID-19 losses

Swiss Re group CEO Christian Mumenthaler By Ranamita Chakraborty Even though Swiss Re reported a net loss of $1.1bn for the first half of 2020 after booking $2.5bn of coronavirus-related claims and reserves, its group CEO Christian Mumenthaler noted that the reinsurer expects the claims and reserves it booked in […]