Swiss Re today reaffirmed its combined ratio target of around 96% for the...
Swiss Re today reaffirmed its combined ratio target of around 96% for the full year and said it expects good operating results across all divisions.
At the company's investors' day in New York, Swiss Re said it will provide further disclosure on its risk management approach and its very strong capital adequacy.
The capital adequacy of the Group strengthened in the second half of 2004 to 329% compared with 278% for the first half 2004, the company said.
Swiss Re said it also expects to achieve its 9% target for return on operating revenues for its life and health business.