 Swiss Re AG OTCPK:SSREF Q2 2022 Earnings Conference Call July 29, 2022 8:00 AM ET Company Participants Christian Mumenthaler - Chief Executive Officer John Dacey - Chief Financial Officer Thomas Bohun - Head Investor Relations Thierry Leger - Chief Underwriting Officer Conference Call Participants Andrew Ritchie - Autonomous Research Kamran Hossain - JPMorgan Freya Kong - Bank of America Iain Pearce - Credit Suisse Vikram Gandhi - Societe Generale Will Hardcastle - UBS Vinit Malhotra - Mediobanca Ashik Musaddi - Morgan Stanley Thomas Fossard - HSBC Derald Goh - RBC Capital Markets Darius Satkauskas - KBW Dominic OMahony - BNP Paribas Operator Starts Abruptly 2024, there is much more matching between the asset and liability side. And we wont see this drop, which we have seen now in U.S. GAAP. 