FRANKFURT — Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus outbreak began to bite, it said on Thursday. The Zurich-based company booked a hit of $476 million for …
Solera Holdings Inc., which makes software to process auto insurance claims, said Wednesday that profit in the June quarter fell 7.2 percent on higher costs, but the company offered an upbeat forecast for its new fiscal year. Solera said it …
Ping An Insurance Co. of China Ltd. said Thursday its fast-growing banking business helped to boost profit for the first half by nearly 33 percent. Profit for the six months ending June 30 was 12.8 billion yuan ($1.9 billion), Ping …