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Best’s News & Research Service subscription required - February 21, 2019 11:24 AM (EST)

Despite Large Losses and US Accounting Change, Swiss Re Posts 27% Net Income Rise

Despite what it said were US$3 billion in large claims losses and the negative effects of changes in U.S. accounting rules, Swiss Re posted a 27% rise in net income to US$421 million in 2018. . . .

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