Swiss Re Second-Quarter Net Falls 53% on Writedown - Submit Site

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Swiss Re Second-Quarter Net Falls 53% on Writedown - Read More

Date Added: August 05, 2008 01:12:03 PM

Aug. 5 (Bloomberg) -- Swiss Reinsurance Co. , the world's second-largest reinsurer, said profit dropped 53 percent after 362 million Swiss francs ($345 million) of writedowns related to credit-default swaps.

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