Swiss Re $900M Insured Losses From Hurricane Sandy

Swiss Re Ltd., the world’s second-biggest reinsurer, said it estimates its claims burden from Hurricane Sandy to be around $900 million.
Fitbit Plans to Raise $478M in an IPO This Year
01:21 - Fitbit is looking to plan an IPO later this year. The maker of wearable fitness devices says it plans to use the proceeds for research and development and potential acquisitions. Bloomberg’s Rosalind Chin reports on “First Up.” (Source: Bloomberg)
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