Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

19 May 2012

Swiss Re capital recovery continues in Q3

4 November 2009

Swiss Re delivered analyst-beating third quarter net profits this month to further boost its capital base, as the reinsurer continues on the recovery path to paying back its Berkshire Hathaway capital injection.

Net income of SFr334mn for the quarter - against a loss of SFr 304mn for the same period a year earlier - helped shareholders' equity climb by a further SFr2.4bn to SFr26.2bn in Q3.

Swiss Re said that, as a result, its excess capital buffer over an AA...

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