Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Swiss Re Ltd
  6. News
  7. Summary
    SREN   CH0126881561

SWISS RE LTD

(SREN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Swiss Re : Global non-life premiums to rise 10% above pre-pandemic levels this year - Swiss Re

09/09/2021 | 01:36am EDT
Aftermath of heavy rainfalls in Germany

BERLIN (Reuters) - Reinsurer Swiss Re said it expected non-life insurance premiums to rise 10% above pre-pandemic levels by the end of 2021 and increase further the following year, driven in part by a growing need for protection against the impact of climate change.

The company's research arm said it expected non-life insurance would hit $6.9 trillion worldwide this year, and pass the $7 trillion barrier in 2022 for the first time. Natural catastrophes like wildfires and floods combined with increased urbanisation were creating greater risks, it said.

"There is a clear recognition that claims' frequency and severity is rising as demonstrated by recent natural catastrophes or cyber incidents," said Moses Ojeisekhoba, Swiss Re's reinsurance CEO.

(Reporting by Thomas Escritt; Editing by Shri Navaratnam)


ę Reuters 2021
All news about SWISS RE LTD
10/25Carbon needs to cost at least $100/tonne now to reach net zero by 2050
RE
10/20Allianz, Aviva, Swiss Re Pledge to Cut Down 25% Emissions by 2025
MT
10/14SWISS REINSURANCE COMPANY : UBS remains a Sell rating
MD
10/13SWISS RE : Joins TNEDICCA To Offer Auto Risk Analysis For Insurers
MT
10/11SWISS RE : Autonomous Research Lowers Price Target on Swiss Re, Maintains Neutral Recommen..
MT
10/06SWISS RE : DZ Bank AG Research Lowers Price Target on Swiss Re, Downgrades Recommendation ..
MT
10/06SWISS RE : Barclays Lifts Price Target on Swiss Re, Maintains Overweight Recommendation
MT
10/06SWISS REINSURANCE COMPANY : Barclays keeps its Buy rating
MD
10/06NEWS HIGHLIGHTS : Top Financial Services News of the Day
DJ
10/06GetSafe GmbH announced that it has received Ç80 million in funding from a group of inve..
CI
More news
Analyst Recommendations on SWISS RE LTD
More recommendations
Financials (USD)
Sales 2021 43 379 M - -
Net income 2021 1 611 M - -
Net Debt 2021 - - -
P/E ratio 2021 16,2x
Yield 2021 7,31%
Capitalization 25 678 M 25 706 M -
Capi. / Sales 2021 0,59x
Capi. / Sales 2022 0,57x
Nbr of Employees 13 605
Free-Float 90,7%
Chart SWISS RE LTD
Duration : Period :
Swiss Re Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SWISS RE LTD
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Last Close Price 88,86 $
Average target price 98,20 $
Spread / Average Target 10,5%
EPS Revisions
Managers and Directors
Christian Mumenthaler Group Chief Executive Officer
John Robert Dacey Group Chief Financial Officer
Sergio P. Ermotti Independent Non-Executive Chairman
Anette Bronder Group Chief Operating Officer
Guido FŘrer Group Chief Investment Officer
Sector and Competitors