FRANKFURT (Reuters) - 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 wildfires in January killed more than two dozen people and destroyed or damaged...
Swiss Re reported net income of USD 3.2 billion, up from USD 472 million in 2022, when results were significantly impacted by Hurricane Ian. Group net premiums earned and fee income rose 4.4% to USD 45.0 billion from USD 43.1 billion in the previous year. At constant foreign exchange rates,...
However, the company’s capital position remains strong, with a groupwide Swiss Solvency Test ratio of 294% as of 1 January 2023. Swiss Re remains committed to pursuing profitable growth opportunities. The agenda for the company’s 2023 AGM includes proposals for the election and re-election of...
Past dividends on Swiss Re Ltd 2024-04-15Annual 6.21554 CHF 2023-04-13Annual 5.688 CHF 2022-04-18Annual 5.9 CHF 2021-04-19Annual 5.9 CHF Annual results Quarterly results Quarterly revenue - Rate of surprise Net sales - Rate of surprise ...
Swiss Re estimates its preliminary claims from the wildfires which affected Los Angeles to be less than $700 million, which will impact Group results in the first quarter of 2025. It's estimate for the preliminary total insured market loss from the wildfires is around $40 billion....
SA TranscriptsFri, Feb. 16, 2024 Swiss Re AG (SSREF) Q3 2023Earnings Call TranscriptSA TranscriptsSat, Nov. 04, 2023 See All Transcripts » Investor Presentations Swiss Re AG 2024 Q3 - Results - Earnings Call PresentationThu, Nov. 14, 2024 Swiss Re AG 2024 Q2 - Results - Earnings ...
2023 US GAAP Group results USD 3.2bn Net income 22.3% Return on equity Group IFRS targets USD >3.6bn 2024 net income >14% Multi-year return on equity 4 Re/insurance has entered the most conducive market environment in over a decade While reinsurers absorbed a series of loss events since ...
Swiss Re Corporate Solutions' insurance partners bring our overall network to more than 150 countries. Open 2023-08-corso-offices-world-map in overlay Key selection criteria To deliver the best service to you no matter where your risk exposure is, we leverage and manage longstanding partnershi...
while loss assumptions increased by 10% based on inflationary pressures and updated loss models. The resulting portfolio quality aligns with Swiss Re's 2024 financial targets. L&H Re, corporate results L&H Re recorded a net income of $883 million in the first half of 2024, bolstered by positiv...
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