February 21, 2019 / 6:16 AM / 3 months ago

Swiss Re 2018 net profit up 27 percent despite big claims

FRANKFURT, Feb 21 (Reuters) - Reinsurer Swiss Re on Thursday posted a 27 percent rise in 2018 net profit, despite claims from big natural catastrophes and man-made disasters.

Net profit for the full year of $421 million was below expectations of $525 million, according to a Reuters poll, but it was up from $331 million last year. (Reporting by Tom Sims; editing by Thomas Seythal)

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