The reinsurer generated a profit of €1.4 billion in the first six months of the year driven by strong organic growth in property-casualty reinsurance.
Some of the insurer’s crisis management policies have been ‘triggered’, reveals group chief financial officer
The reinsurer is maintaining its profit guidance after generating group net income of €649 million in the first six months
Interim CEO Malloy says the firm is continuing to ”prioritise the improvement of its Reinsurance underwriting results”
First half income of $157m was dented by natural catastrophe losses, COVID-related losses and reserving for the war in Ukraine
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