News for Swiss Re AG (SREN.SW)

Net Income: USD 3.2 billion for 2024.Return on Equity: 15% for 2024.P&C Reserves: USD 3.1 billion added throughout 2024, positioned at the 90th percentile of b

Feb 27, 2025 / 01:00PM GMTOperator Good morning or good afternoon. Welcome to Swiss Re annual results 2024 conference call. Please note, today's conference call

Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million and would impact its first quarter results, the latest European reinsurer to disclose a hit from the January blaze. The wildfires killed more than two dozen people and destroyed or damaged more than 16,000 structures, charring an area bigger than Paris. Swiss Re's expected claims are less than those foreseen by its larger competitor Munich Re, which on Wednesday said it was factoring in about 1.2 billion euros ($1.26 billion) in losses, representing the biggest hit reported so far by a single European reinsurer for the catastrophe.

California approved new rules that let insurers account for reinsurance costs when they set rates, the last major step in a regulatory overhaul designed to halt an exodus of carriers amid rising concern over wildfires.

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The rivers and canals that meander through Hemudu in southeastern China are a vital source of life and community — they provide income for fishermen, an

Swiss Re AG, Tokio Marine Holdings Inc., AXIS Capital Holdings Ltd. and AXA SA are among providers of $3 billion in credit-risk insurance for the

After emerging from an unusually active hurricane season with market-beating returns, catastrophe bonds are rapidly adding investors. Despite the increase

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

Swiss Re AG (OTCPK:SSREY) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ETCompany ParticipantsThomas Bohun - Head Group Reporting and Investor...

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

Even before the second megastorm in as many weeks brings devastating floodwaters to the Southeast US, it's already clear that federal flood-risk maps

Net Income: $2.1 billion for the first half of 2024.Full-Year Net Income Target: More than $3.6 billion.P&C Re Combined Ratio: 84.5% for the first half of 2024

RGA shares dipped 14.12% on August 2 and 5, making it a buying opportunity with a Strong Buy rating and $239.09 price target. Read more here.

ACORD, the standards-setting body for the global insurance industry, has announced that its Global Insurance Stock Index outperformed the broader market

Insurance is one of the oldest industries in the world, with the first evidence of protection against payment in case of a natural hazard being found thousands of years back.

Swiss investor Martin Ebner became a billionaire out of nowhere, then nearly lost everything. Today, he is richer than ever. What does his unusual career teach us?

2020 wasn't the bottom of the barrel in all regards – depending on how you look at it. The planet's average surface temperature in 2020 tied with 2016 as