Swiss Re AG (SSREY)
| Market Cap | 39.57B |
| Revenue (ttm) | 51.22B |
| Net Income (ttm) | 3.54B |
| Shares Out | n/a |
| EPS (ttm) | 11.54 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | 1.07 (3.12%) |
| Ex-Dividend Date | Apr 16, 2024 |
| Volume | 1,266 |
| Open | 34.13 |
| Previous Close | 33.99 |
| Day's Range | 33.99 - 34.13 |
| 52-Week Range | 23.96 - 34.80 |
| Beta | 0.83 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 22, 2024 |
About Swiss Re AG
Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions. The Property & Casualty Reinsurance segment underwrites property reinsurance, including property, credit and surety, engineering, aviation, marine, agriculture, retakaful, and facultative reinsurance solutions; and casualty reinsurance, s... [Read more]
Financial Performance
In 2023, Swiss Re AG's revenue was $49.82 billion, an increase of 8.30% compared to the previous year's $46.00 billion. Earnings were $3.21 billion, an increase of 580.93%.
Financial StatementsNews
$600B in extra consumer cash from fixed-rate mortgages curbed impact of Fed rate hikes
Swiss Re found that U.S. homeowners who locked in mortgage rates in 2022 amassed $600B in extra cash, curbing the impact of the Fed's rate hikes on consumer spending. Read more here.
Swiss Re AG (SSREF) Q2 2024 Earnings Call Transcript Highlights: Strong Net Income and ...
Swiss Re AG (SSREF) Q2 2024 Earnings Call Transcript Highlights: Strong Net Income and Strategic Adjustments
Low natural catastrophe claims benefitting reinsurance industry, Swiss Re CFO says
John Dacey, CFO of Swiss Re, discusses the firm's half-year results and explains why profit has beaten expectations.
Q2 2024 Swiss Re AG Earnings Call Transcript
Q2 2024 Swiss Re AG Earnings Call Transcript
Swiss Re AG 2024 Q2 - Results - Earnings Call Presentation
Swiss Re AG (SSREY) Q2 2024 Earnings Call Transcript
Low natural catastrophe claims benefitting reinsurance industry, Swiss Re CFO says
John Dacey, CFO of Swiss Re, discusses the firm's half-year results and explains why profit has beaten expectations.
Swiss Re reports 1H results
Swiss Re Maintains Target After Profit Beats Expectations
The Zurich-based reinsurer made a net profit of $996 million for the second quarter and said its performance benefited from disciplined underwriting, low natural-catastrophe claims and strong investme...
Swiss Re reports 44% rise in net profit, in line with expectations
Reinsurance company Swiss Re said on Thursday that net profit rose 44% in the first six months of the year, roughly in line with expectations, and it maintained its full-year targets.
Hurricane Beryl batters Europe's insurance stocks
Shares of European insurers fell sharply on Tuesday as Beryl became the earliest ever Category 5 storm to emerge in the Atlantic, raising fears of a long and damaging hurricane season.
Swiss Re Appoints New CEO
Swiss Re has appointed Andreas Berger as Group Chief Executive, effective from the start of July.
Things are much better now for Swiss Re, CEO says
Swiss Re CEO Christian Mumenthaler discusses the company's earnings, how it navigated a string of difficulties in the past few years and its outlook for 2024.
Insurance giant Swiss Re posts 580% jump in full-year profit, warns consumers about climate costs
Swiss Re CEO Christian Mumenthaler warned that the price of the climate crisis would soon be at the door of consumers for the first time.
Swiss Re Profit Surges, Tops Guidance
Swiss Re reported net profit in 2023 of $3.2 billion, with an improved performance in its property-and-casualty reinsurance segment helping drive the sharp earnings advance.
Increasing insurance costs are like a bill for climate change: Swiss Re CEO
Christian Mumenthaler, group CEO of Swiss Re, discusses the green transition, macro environment and insurance market.
Disasters caused $100 bln in insured losses in 2023, Swiss Re says
Earthquakes in Turkey and Syria, wildfires in Hawaii and other natural catastrophes have caused an estimated $100 billion in insured losses so far in 2023, down from the previous year but still well a...
Swiss Re Corporate Solutions Named "Digital Experience Champion" Award Recipient at Excellence in Insurance, Sponsored by Insurity
HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, recently announced that Swiss Re Corporate Solutions was named "Digita...
Swiss Re targets higher 2024 net income of $3.6 bln
Swiss Re expects to increase its net income to more than $3.6 billion for 2024, the company said on Friday, as it announced new financial targets on its investors day.
Risks to global economy are on the rise and growth slowdown is a reality, Swiss Re economist says
Jerome Haegeli, group chief economist at Swiss Re, discusses the outlook for the global economy.
AIA, PAK Programs and Swiss Re Recognized for Excellence in Insurance Innovation
NEW YORK--(BUSINESS WIRE)--AIA, PAK Programs and Swiss Re are recipients of the first-ever Global Innovation Awards from IIS and ITL.
Maintaining full-year guidance despite rising natural catastrophe losses, Swiss Re CFO says
Swiss Re CFO John Dacey discusses third-quarter earnings and explains the company's strategy for the forthcoming quarter.
Swiss Re: Macroeconomic tailwinds 'very good' for life and health reinsurance companies
Paul Murray, CEO of Life and Health Reinsurance at Swiss Re, discusses how current macroeconomic conditions are affecting the sector and shares his outlook for the life and health reinsurance industry...
Swiss Re ordered to pay former underwriter $1.6 million for sexism, unfair dismissal
A former Swiss Re underwriter has been awarded nearly 1.3 million pounds ($1.6 million) by a London employment tribunal for sexual discrimination and unfair dismissal.
Natural catastrophe insured losses hit $50 bln in H1 - Swiss Re
Global insured losses from natural catastrophes rose to $50 billion in the first half of 2023, driven by claims in the United States after a series of thunderstorms, a report from reinsurer Swiss Re o...