Swiss Re pegs H1 Covid-19 losses at $2.5bn
Swiss Re has predicted $2.5bn (£1.96bn) of pre-tax Covid-19 losses in the first six months of 2020 will drive its half year results to a $1.1bn loss.
It also forecast that the $2.5bn figure will cover the majority of its ultimate Covid-19 losses.
The reinsurer had calculated its coronavirus losses at the end of the first quarter to be $476m mainly
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