Monday, April 2, 2007

Swiss Re 2006 embedded value up to 22.6 bln Sfr

(Reuters) - ZURICH, April 3 - Swiss Re said on Tuesday the value of its life and health reinsurance portfolio rose by 13 percent in 2006, boosted by the acquisition of the reinsurance units of General Electric .

Swiss Re's embedded value -- an industry gauge for the value of a life insurance portfolio -- rose to 22.6 billion Swiss francs , while the new business value at the world's largest reinsurer also rose.


Read more at Reuters.com Market News

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