Swiss Re AG (SWX: SREN)

Switzerland flag Switzerland · Delayed Price · Currency is CHF
128.50
-0.60 (-0.46%)
Dec 20, 2024, 5:30 PM CET
33.91%
Market Cap 37.32B
Revenue (ttm) 38.73B
Net Income (ttm) 2.48B
Shares Out 290.41M
EPS (ttm) 8.06
PE Ratio 15.94
Forward PE 11.18
Dividend 6.08 (4.73%)
Ex-Dividend Date n/a
Volume 2,325,142
Open 127.30
Previous Close 129.10
Day's Range 126.80 - 128.90
52-Week Range 94.18 - 134.30
Beta 0.83
Analysts n/a
Price Target n/a
Earnings Date Feb 27, 2025

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]

Sector Financials
Founded 1863
Employees 14,719
Stock Exchange SIX Swiss Exchange
Ticker Symbol SREN
Full Company Profile

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 numbers in USD Financial Statements

News

Swiss Re: Not The Next In Line To Make A New All-Time High

Swiss Re, the world's second-largest reinsurer, may not be a smart investment choice despite favorable business conditions.

1 day ago - Seeking Alpha

Waymo still doing better than humans at preventing injuries and property damage

Photo by Jason Henry / AFP via Getty Images Waymo’s autonomous vehicles cause less property damage and fewer bodily injuries when they crash than human-driven vehicles, according to a study that relie...

2 days ago - The Verge

Richer reinsurance companies are good for the world, says Swiss Re CEO

Swiss Re CEO Andreas Berger discusses increasing natural catastrophe disasters, and explains how falling interest rates will impact the reinsurance sector.

6 days ago - CNBC International TV

Richer reinsurance companies are good for the world, says Swiss Re CEO

Swiss Re CEO Andreas Berger discusses increasing natural catastrophe disasters, and explains how falling interest rates will impact the reinsurance sector.

8 days ago - CNBC

Natural-Catastrophes Insured Losses to Top $135 billion in 2024, Swiss Re Institute Says

Global insured losses from natural catastrophes like hurricanes and floods are on track to exceed $135 billion in 2024, marking the fifth consecutive year with such losses surpassing the $100-billion ...

16 days ago - WSJ

Swiss Re: Majority of flood risks can be avoided using green infrastructure

Veronica Scotti, chairperson of public sector solutions at Swiss Re, discusses key developments from the COP-29 climate conference and explains the reinsurer's global risk analysis of flooding.

25 days ago - CNBC International TV

Swiss Re: Majority of flood risks can be avoided using green infrastructure

Veronica Scotti, chairperson of public sector solutions at Swiss Re, discusses key developments from the COP-29 climate conference and explains the reinsurer's global risk analysis of flooding.

25 days ago - CNBC

Swiss Re Digital Transformation Strategy Report 2024 - Accelerators, Incubators and Innovation Programs

Dublin, Nov. 25, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Swiss Re Limited 2024" company profile has been added to ResearchAndMarkets.com's offering.

26 days ago - GlobeNewsWire

Swiss Re AG 2024 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Swiss Re AG in conjunction with their 2024 Q3 earnings call.

5 weeks ago - Seeking Alpha

Swiss Re Net Profit Falls On U.S. Liability Reserve Increase

The reinsurer said resilient underwriting and contributions from all its business lines were offset by a $2.4 billion increase in the liability reserves of its property and casualty U.S. business.

5 weeks ago - The Wall Street Journal

Swiss Re Net Profit Falls On U.S. Liability Reserve Increase

The reinsurer said resilient underwriting and contributions from all its business lines were offset by a $2.4 billion increase in the liability reserves of its property and casualty U.S. business.

5 weeks ago - WSJ

Swiss Re reports results for the first nine months of 2024; updates FY24 outlook

Swiss Re press release (SSREY): reported a net income of $2.2 billion and a return on equity of 13.4% for the first nine months of the year. Insurance revenue f

5 weeks ago - Seeking Alpha

Swiss Re Raises US Liability Reserves, Cuts Profit Target

Swiss Re AG lowered its 2024 net income target after being hit by more claims in its Property and Reinsurance business for previous years than it had budgeted for.

6 weeks ago - BNN Bloomberg

Swiss Re: More Volatile Than Munich, But Cheap And A "Buy" Here

Swiss RE is a leading global reinsurer with a 5.32% dividend yield but exhibits higher earnings volatility compared to peers like Munich Re and Hannover RE. Despite its volatility, Swiss RE is fundame...

2 months ago - Seeking Alpha

Buy Swiss Re To Mitigate Market Risk

Swiss Re (SSREF) has shown strong performance & growth prospects, with 21% YTD increase and target net income of $3.6B in 2024. See why I rate the stock a buy.

3 months ago - Seeking Alpha

$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.

4 months ago - Seeking Alpha

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

4 months ago - GuruFocus

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.

4 months ago - CNBC International TV

Q2 2024 Swiss Re AG Earnings Call Transcript

Q2 2024 Swiss Re AG Earnings Call Transcript

4 months ago - GuruFocus

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.

4 months ago - CNBC

Swiss Re reports 1H results

4 months ago - Seeking Alpha