NU Online News Service, Feb. 17, 2:14 p.m. EST
Two years after reporting a dismal $663 million net loss, Swiss Re appears to have rebounded, paying off a $2.6 billion loan instrument and still recording a 74 percent increase in net income for 2010.
The Zurich, Switzerland-based reinsurance company said 2010 net income rose $367 million to $863 million. Earnings per share increased $1.06 to $2.52 a share on the year.
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