Swiss Re AG (SSREY)
Swiss Re AG operates in the Insurance - Reinsurance industry of the Financial Services sector, headquartered in Zurich, ZH, CH. The stock last traded at $42.11, up 0.05% on the session, giving a market capitalisation of $49.68B. On trailing twelve-month figures it carries a trailing P/E of 10.19, a net margin of 10.6%. Its beta of 0.34 implies it has historically moved less than the broad market.
Swiss Re AG, along with its various group entities, provides a comprehensive suite of services globally, including extensive wholesale reinsurance, direct insurance offerings, and other innovative methods for risk transfer, complemented by associated insurance support. The company's operations are divided into three primary segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions. The Property & Casualty Reinsurance division is responsible for underwriting a wide array of property-related risks, such as those in credit and surety, engineering, aviation, marine, agriculture, Islamic finance-compliant retakaful, and specific facultative reinsurance. It also covers casualty risks, including general liability, motor, workers' compensation, personal accident, management and professional liability, and cyber threats, alongside facultative reinsurance options. The Life & Health Reinsurance unit focuses on the underwriting of diverse life and health insurance products. Corporate Solutions caters to businesses, offering everything from standard risk coverage and integrated multi-line insurance programs to highly customized solutions. Swiss Re AG's clientele is broad, encompassing publicly traded and mutual insurance carriers, governmental and public sector organizations, mid-sized to large corporate entities, and individual clients. Established in 1863, Swiss Re AG's global headquarters are located in Zurich, Switzerland.
Swiss Re AG is most often compared with the following Financial Services names: