FRANKFURT, April 30 (Reuters) - Reinsurer Swiss Re said on Thursday that it swung to a net loss in the first quarter of 2020, as the coronavirus outbreak began to bite.
The loss was $225 million during the period compared with profit of $429 million a year earlier. Analysts had expected a net profit of $59 million, according to Refinitiv.
Reporting by Tom Sims Editing by Michelle Martin
Our Standards: The Thomson Reuters Trust Principles.