Swiss Re (VTX:SREN) has had a great run on the share market with its stock up by a significant 22% over the last three...
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FRANKFURT (Reuters) -Reinsurance company Swiss Re said on Friday that net profit for 2023 surged 580%, in line with expectations, as it recovered from a difficult period a year earlier. Analysts had expected a profit of $3.263 billion, according to a consensus forecast. The profit marks a recovery from 2022, when the company was absorbing claims from Hurricane Ian in Florida, and as the war in Ukraine, inflation and volatile markets also dampened performance.