GENEVA: Swiss Re said on Tuesday group Chief Executive Michel Lies would retire and be replaced by the head of its reinsurance business on July 1, as it posted a 31 percent rise in 2015 net income.
In full-year results, Zurich-based Swiss Re said net profit for 2015 was $4.6 billion, compared with the average estimate of $4.57 billion in a Reuters poll of 11 analysts. Swiss Re posted a $938 profit for the fourth quarter.
LAHORE: Pakistan’s first export of donkey meat to China from the Gwadar Free Zone opened a new avenue for livestock...
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has asked the Federal Board of Revenue (FBR) to accelerate...
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has announced an ambitious investment agenda aimed at strengthening the province’s economic...
ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...
