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Best’s News & Research Service subscription required - August 03, 2018 11:25 AM (EDT)

Swiss Re Blames US GAAP Changes in Drop in Half-Year Net Income

Citing the negative effects of new U.S. GAAP accounting guidance, Swiss Re reported a drop in group net income to US$1 billion in the first half of 2018 from $1.2 billion in the same period last . . .

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