November 25, 2019 / 6:22 AM / 19 days ago

BRIEF-Swiss Re Confirms Strategy And Targets - Statement

Nov 25 (Reuters) - Swiss Re AG:

* SWISS RE CONFIRMS STRATEGY AND TARGETS, OUTLINES PLANS FOR FURTHER PROFITABLE GROWTH IN REINSURANCE

* SWISS RE’S CAPITAL POSITION REMAINS VERY STRONG, PROVIDING THE BASIS FOR ATTRACTIVE GROWTH OPPORTUNITIES AND SHAREHOLDER RETURNS

* SWISS RE INTENDS TO FURTHER GROW AND DIVERSIFY ITS NATURAL CATASTROPHE PORTFOLIO, WITH A POSITIVE EFFECT ON EARNINGS

* GROUP IS TAKING TARGETED ACTIONS TO IMPROVE PROFITABILITY AND MANAGE RISK WITHIN CASUALTY REINSURANCE PORTFOLIO TO ADDRESS A CHALLENGING US LIABILITY MARKET ENVIRONMENT Source text: [bit.ly/2OjzYIC] Further company coverage: (Berlin Speed Desk)

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