Large claims hit Swiss Re first-quarter profit; co to launch $981 million buyback
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ZURICH (Reuters) - Reinsurer Swiss Re AG's first-quarter net profit fell 6.1 percent to $429 million (£329.1 million) as claims from large losses offset a 5.5 percent rise in net premiums, it said on Friday.The market consensus compiled https://www.swissre.com/dam/jcr:c88bcc1f-9836-4ede-b3c6-540c7df2fa01/q1-2019-published-versus-consensus-table.pdf by the global insurance and reinsurance giant was for net profit of $657 million. Claims from large natural catastrophes and man-made losses..