Swiss Re AG (SWX: SREN)

Switzerland flag Switzerland · Delayed Price · Currency is CHF
127.00
+1.05 (0.83%)
Nov 21, 2024, 10:51 AM CET
25.80%
Market Cap 36.58B
Revenue (ttm) 38.73B
Net Income (ttm) 2.48B
Shares Out 290.41M
EPS (ttm) 8.06
PE Ratio 15.62
Forward PE 10.38
Dividend 6.02 (4.78%)
Ex-Dividend Date n/a
Volume 143,588
Open 126.50
Previous Close 125.95
Day's Range 126.15 - 127.30
52-Week Range 94.18 - 127.30
Beta 0.83
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 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]

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 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.

6 days 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.

6 days 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.

6 days 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

7 days 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.

14 days 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...

4 weeks 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.

2 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.

3 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

3 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.

3 months ago - CNBC International TV

Q2 2024 Swiss Re AG Earnings Call Transcript

Q2 2024 Swiss Re AG Earnings Call Transcript

3 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.

3 months ago - CNBC

Swiss Re reports 1H results

3 months ago - Seeking Alpha

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...

3 months ago - The Wall Street Journal

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.

3 months ago - Reuters

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.

5 months ago - Market Watch

Swiss Re: Encouraging Net Income And Price Growth

Swiss Re has continued to see encouraging growth in net income and renewal pricing. Return on equity continues to see growth. I take a bullish view on Swiss Re.

6 months ago - Seeking Alpha

Swiss Re AG (SSREY) Q1 2024 Earnings Call Transcript

Swiss Re AG (OTCPK:SSREY) Q1 2024 Earnings Conference Call May 16, 2024 2:30 AM ET Company Participants Elena Logutenkova - Head of Media Relations and Corporate Reporting Christian Mumenthaler - Chie...

6 months ago - Seeking Alpha

Swiss Re Appoints New CEO

Swiss Re has appointed Andreas Berger as Group Chief Executive, effective from the start of July.

8 months ago - WSJ

Swiss Re: Recent Earnings Support Its High Dividend Yield

Swiss Re offers a high dividend yield that is sustainable over the long term. The company's recent financial performance has shown strong earnings growth and improved underwriting performance. Swiss R...

9 months ago - Seeking Alpha

Swiss Re AG (SSREY) Full Year 2023 Earnings Call Transcript

Swiss Re AG (SSREY) Full Year 2023 Earnings Call Transcript

9 months ago - Seeking Alpha