The Takeaway: Ecommerce Retail, Paulson Funds
Dec. 20 (Bloomberg) -- Bloomberg's Sheila Dharmarajan, Stephanie Ruhle and Erik Schatzker report on the details behind this morning's headlines. They speak on Bloomberg Television's "Market Makers."
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The Natural Catastrophes Hurting Swiss Re's Profits
51:07 - Swiss Re AG, the world’s biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada. Net income declined to $637 million from $820 million a year earlier, the Zurich-based company said in a statement on Friday. That beat the $605 million average estimate of nine analysts in a Bloomberg survey. Chief Financial Officer David Cole discusses with Bloomberg's Francine Lacqua on "The Pulse."