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GLRE - Swiss Re Targets Higher P&C Reinsurance Profits
Greenlight Reinsurance Ltd.
Global reinsurance firm Swiss Re looks set to target profitable growth for its property and casualty reinsurance business.
Swiss Re is targeting an improved combined ratio for its P&C reinsurance business of less than or equal to 96% for 2021.
The focus will be on profitability of the business assumed, with Swiss Re focused on expanding P&C reinsurance underwriting margins over the next year.