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Heat insurance offers climate change lifeline to poor workers

Swiss Re swings to bigger-than-expected net profit in quarter

Reinsurance company Swiss Re said on Thursday that it swung to a net profit in the first quarter that was bigger than analysts had expected and was helped by higher prices and improved investment results.

UBS hit by old toxic debt costs ahead of hard Credit Suisse task

UBS said on Tuesday it had set aside more money to draw a line under its involvement in toxic U.S. mortgages, halving its first-quarter profit as the bank girds itself for the "hard" task of swallowing fallen rival Credit Suisse .

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