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Swiss Re reports a 16% profit increase to $1.275B despite facing massive wildfire claims.
Despite facing $570 million in claims from deadly wildfires in Los Angeles, Swiss Re reported a 16% increase in first-quarter net profit to $1.275 billion.
The profit rise was driven by strong investments and tax benefits, though revenue dropped 11% from the previous year.
Swiss Re remains confident about meeting its 2025 targets.
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Swiss Re reporta un aumento del 16% en las ganancias a $1.275B a pesar de enfrentarse a enormes reclamos por incendios forestales.