Reported Earnings • May 11
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: US$5.11 (up from US$4.31 in 1Q 2025). Revenue: US$10.3b (down 2.0% from 1Q 2025). Net income: US$1.51b (up 19% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Live News • May 07
Swiss Re Profit Rises to US$1.5b as Underwriting Outperforms and Capital Remains Strong Swiss Re reported Q1 2026 profit of US$1.5b, which the company said was 19% higher than the prior-year quarter.
Management linked the profit performance to strong underwriting results and relatively low catastrophe losses across core units.
The group kept capitalisation above its solvency target while accepting lower premium volumes and new business margins to keep portfolio quality in focus.
For you as an investor, the key takeaway is that Swiss Re is leaning on underwriting discipline and investment income rather than chasing volume. The reference to improved combined ratios in Property & Casualty Reinsurance and Corporate Solutions suggests tighter cost and claims control in areas that can be volatile, especially when catastrophe losses are higher.
The choice to accept lower premium volumes and thinner new business margins to preserve portfolio quality points to a cautious stance on risk. Capital remaining above the solvency target signals that the company is keeping a buffer against potential shocks. When you assess Swiss Re, it can be useful to watch how this balance between growth, risk selection and capital strength evolves in future quarters, particularly if pricing or geopolitical conditions change. Upcoming Dividend • Apr 07
Upcoming dividend of US$8.00 per share Eligible shareholders must have bought the stock before 14 April 2026. Payment date: 16 April 2026. Payout ratio is a comfortable 51% and the cash payout ratio is 77%. Trailing yield: 4.8%. Within top quartile of Swiss dividend payers (3.6%). Higher than average of industry peers (4.3%). Announcement • Mar 07
Swiss Re AG, Annual General Meeting, Apr 10, 2026 Swiss Re AG, Annual General Meeting, Apr 10, 2026. Reported Earnings • Mar 03
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: US$15.67 (up from US$10.88 in FY 2024). Revenue: US$42.8b (down 3.6% from FY 2024). Net income: US$4.62b (up 45% from FY 2024). Profit margin: 11% (up from 7.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 2.8%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 02
Dividend of US$8.00 announced Shareholders will receive a dividend of US$8.00. Ex-date: 14th April 2026 Payment date: 16th April 2026 Dividend yield will be 5.9%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 8.3% over the next 3 years. However, it would need to fall by 35% to increase the payout ratio to a potentially unsustainable range. Announcement • Feb 27
Swiss Re AG (SWX:SREN) announces an Equity Buyback for $1,500 million worth of its shares. Swiss Re AG (SWX:SREN) announces a share repurchase program. Under the program, the company will repurchase up to $1,500 million worth of its shares. The program is subject to legal and regulatory approvals. The program will be valid till December 31, 2026. Announcement • Feb 21
Swiss Re Appoints Anne Lohbeck as Chief Risk Officer for PC Re, Effective May 1, 2026 Swiss Re has appointed Anne Lohbeck as chief risk officer for PC Re. The appointment is effective May 1, 2026. Lohbeck will become part of the Risk Management Executive Team and the PC Re Executive Committee. She will oversee all risk management matters across PC Re. Lohbeck joined Sews Re in 2010, and has operated in several roles for the company. Announcement • Jan 14
Swiss Re AG Appoints Christophe Heck as Market Head Life Health for France, BeNeLux, and Switzerland Swiss Re AG has promoted Christophe Heck to market head Life Health (LH) for France, BeNeLux and Switzerland. Heck will be based in Zurich and will lead Swiss Re's LH reinsurance team. He has more than a decade of industry experience. New Risk • Nov 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 17
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: US$10.9b (down 2.0% from 3Q 2024). Net income: US$1.43b (up US$1.33b from 3Q 2024). Profit margin: 13% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Insurance industry in Switzerland. Reported Earnings • Aug 14
Second quarter 2025 earnings: Revenues miss analyst expectations Second quarter 2025 results: Revenue: US$10.6b (down 2.2% from 2Q 2024). Net income: US$1.33b (up 42% from 2Q 2024). Profit margin: 13% (up from 8.6% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Insurance industry in Switzerland. Announcement • Jul 03
Allianz Direct Versicherungs-AG completed the acquisition of iptiQ EMEA P&C S.A. from Swiss Re AG (SWX:SREN). Allianz Direct Versicherungs-AG agreed to acquire iptiQ EMEA P&C S.A. from Swiss Re AG (SWX:SREN) on November 5, 2024. Transaction is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close in Q2/Q3 2025. Sandro Fehlmann, Thomas Reutter of Advestra AG acted as legal advisors to Swiss Re AG (SWX:SREN) in the transaction. Thomas Broichhausen, René Döring, Michael Leicht, Frederik Winter and Eliane Dejardin Botelho of Linklaters Oppenhoff & Rädler advised Allianz Direct Versicherungs-AG on the deal.
Allianz Direct Versicherungs-AG completed the acquisition of iptiQ EMEA P&C S.A. from Swiss Re AG (SWX:SREN) on July 1, 2025. Reported Earnings • May 19
First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2025 results: EPS: US$4.31 (up from US$3.76 in 1Q 2024). Revenue: US$10.5b (down 5.6% from 1Q 2024). Net income: US$1.27b (up 16% from 1Q 2024). Profit margin: 12% (up from 9.8% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 37%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Insurance industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 08
Upcoming dividend of US$7.35 per share Eligible shareholders must have bought the stock before 15 April 2025. Payment date: 17 April 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Swiss dividend payers (4.4%). In line with average of industry peers (4.8%). Declared Dividend • Mar 02
Dividend of CHF7.35 announced Shareholders will receive a dividend of CHF7.35. Ex-date: 15th April 2025 Payment date: 17th April 2025 Dividend yield will be 5.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 28
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: US$11.02. Revenue: US$44.7b (down 10% from FY 2023). Net income: US$3.24b (flat on FY 2023). Profit margin: 7.2% (up from 6.5% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Insurance industry in Switzerland. Announcement • Feb 28
Swiss Re AG announces Annual dividend, payable on April 17, 2025 Swiss Re AG announced Annual dividend of CHF 7.3500 per share payable on April 17, 2025, ex-date on April 15, 2025 and record date on April 16, 2025. Announcement • Feb 27
Swiss Re AG Announces Executive Changes Swiss Re announced that Kera McDonald, currently Chief Underwriting Officer of Swiss Re Corporate Solutions, is appointed Group Chief Underwriting Officer as of 1 June 2025, subject to regulatory approval. Separately, after a combined 25-years' tenure at Swiss Re, Group Chief Risk Officer Patrick Raaflaub has decided to retire by the end of September 2025. The succession process is currently in progress, and a successor will be announced in due course. Kera McDonald has more than 30 years of professional experience and has been with Swiss Re since 2006 in various specialist and leadership roles. She has been a member of the Corporate Solutions Executive Committee since July 2019 and the Chief Underwriting Officer for this Business Unit since 2022. She holds a Bachelor's degree in Mathematics and Economics from Cornell University and an MBA in International Business from the University of Washington. In her new role as Group Chief Underwriting Officer, Kera McDonald will be responsible for driving underwriting excellence across all Business Units, steering the Group capacity allocation, defining mid-term underwriting ambitions and approving very large or complex transactions. Patrick Raaflaub first joined Swiss Re in 1994 and held a number of leadership roles in Finance and Capital Management. In 2008 he left the company to become Chief Executive Officer of the Swiss Financial Market Supervisory Authority FINMA before returning to Swiss Re in 2014 as Group Chief Risk Officer and member of the Group Executive Committee. Announcement • Jan 15
Swiss Re AG Announces Board and Committee changes Swiss Re AG announced that Philip Ryan, member of the Swiss Re Board of Directors since 2015, and Sir Paul Tucker, member since 2016, will not stand for re-election at the upcoming AGM. Both are members of the Risk Committee. In addition, Mr. Ryan is also a member of the Audit Committee. Announcement • Jan 09
SBLI Partners with Swiss Re to Enhance Underwriting Innovation with Ease SBLI announced it has partnered with Swiss Re to empower its life underwriters with Swiss Re's Underwriting Ease solution, a digital tool that summarizes key aspects of risks to underwriters, accelerating decisioning beyond automation. Underwriting Ease seamlessly integrates into existing underwriting workflows and connects with Life Guide. Designed by underwriters for underwriters, it facilitates end-to-end digitization while preserving core underwriting principles. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: US$0.35 (vs US$3.52 in 3Q 2023) Third quarter 2024 results: EPS: US$0.35 (down from US$3.52 in 3Q 2023). Revenue: US$11.2b (down 15% from 3Q 2023). Net income: US$102.0m (down 90% from 3Q 2023). Profit margin: 0.9% (down from 7.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, while revenues in the Insurance industry in Switzerland are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Nov 06
Allianz Direct Versicherungs-AG agreed to acquire iptiQ EMEA P&C S.A. from Swiss Re AG (SWX:SREN). Allianz Direct Versicherungs-AG agreed to acquire iptiQ EMEA P&C S.A. from Swiss Re AG (SWX:SREN) on November 5, 2024. Transaction is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close in Q2/Q3 2025. Reported Earnings • Aug 25
Second quarter 2024 earnings released: EPS: US$3.23 (vs US$2.78 in 2Q 2023) Second quarter 2024 results: EPS: US$3.23 (up from US$2.78 in 2Q 2023). Revenue: US$10.8b (down 11% from 2Q 2023). Net income: US$996.0m (up 24% from 2Q 2023). Profit margin: 9.2% (up from 6.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Insurance industry in Switzerland are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Jun 05
Appian and Swiss Re Extends Partnership to Introduce Connected Underwriting for Life Insurance in Asia Pacific and EMEA Following the launch of Connected Underwriting Life Workbench in North America last year, Appian announced that in partnership with Swiss Re, the solution will now be available in select countries in Asia Pacific, Europe, Middle East and Africa. Integrated with Swiss Re's automated life insurance underwriting solution, Magnum, the Appian Connected Underwriting Life Workbench accelerates the life insurance underwriting process and improves underwriters' productivity and experience on one system. Traditional underwriting workbenches have lacked integration across various internal, partner, and third-party systems, on-premises or in the cloud. A typical life insurance underwriter would have to log in to multiple systems to access information, conduct risk analysis and assessment with complex calculations, and manage and update case information, all to underwrite just one life insurance policy. Modern underwriters want one login and one system to orchestrate their entire workload for multiple cases and clients, allowing them to manage activities, tasks, transactions, and updates seamlessly and effortlessly. They need a powerful, reliable, and secure workbench to connect their data, unify their workflows, and seamlessly automate processes. Key benefits of the Appian Connected Underwriting Life Workbench include its ability to: Enable intelligent case and workload management: Automate workload assignment to provide underwriters with comprehensive case data from multiple systems, enabling them to make more informed decisions more efficiently. Automate underwriting processes and increase straight-through processing: Expedite policy issuance with intelligent automation, embedded underwriting and risk management rules, and integrated third-party data sources on a single system. Elevate customers and underwriters experience: Issue policies faster by automating underwriting workflows, minimising unnecessary wait time, reducing manual errors, and simplifying communications to increase client satisfaction, attract digital–first customers and new talent, and retain employees. Minimise risk and improve profitability: Connect data from any source to provide 360-degree analysis of individual and portfolio policies with different risks profiles and tolerance levels, determine policy effectiveness with AI-assistance to improve business performance, and meet service-level agreements (SLAs) with insurance partners and clients to manage costs and increase profits. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: US$3.76 (vs US$2.23 in 1Q 2023) First quarter 2024 results: EPS: US$3.76 (up from US$2.23 in 1Q 2023). Revenue: US$11.1b (down 7.2% from 1Q 2023). Net income: US$1.09b (up 70% from 1Q 2023). Profit margin: 9.8% (up from 5.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, while revenues in the Insurance industry in Switzerland are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Swiss Re AG to Report Fiscal Year 2024 Final Results on Mar 13, 2025 Swiss Re AG announced that they will report fiscal year 2024 final results on Mar 13, 2025 Upcoming Dividend • Apr 09
Upcoming dividend of US$6.80 per share Eligible shareholders must have bought the stock before 16 April 2024. Payment date: 18 April 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 5.6%. Within top quartile of Swiss dividend payers (4.0%). In line with average of industry peers (5.4%). Announcement • Mar 22
Swiss Re AG Announces Executive Changes Swiss Re AG has appointed a head for its Indian unit. Swiss Re has appointed Amitabha Ray as the incoming CEO for its India Branch. They are to take over from 1 April. Ray is to be based in Mumbai and has more than 27 years of experience in insurance. Ray succeeds Hadi Riachi, who is to become head, global underwriting centre for Swiss Re Corporate Solutions. Declared Dividend • Feb 21
Dividend of US$6.80 announced Shareholders will receive a dividend of US$6.80. Ex-date: 16th April 2024 Payment date: 18th April 2024 Dividend yield will be 6.6%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 18
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: US$11.09 (up from US$1.63 in FY 2022). Revenue: US$49.5b (up 7.5% from FY 2022). Net income: US$3.21b (up US$2.74b from FY 2022). Profit margin: 6.5% (up from 1.0% in FY 2022). The increase in margin was driven by higher revenue. Combined ratio: 94.8% (down from 100.5% in FY 2022). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.1%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Insurance industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Dec 14
Swiss Re AG (SWX:SREN) acquired SSBN Limited. Swiss Re AG (SWX:SREN) acquired SSBN Limited on December 14, 2023. As part of this transaction, Fathom will retain its own brand and continue its well-established research activities.
Swiss Re AG (SWX:SREN) completed the acquisition of SSBN Limited on December 14, 2023. Reported Earnings • Nov 07
Third quarter 2023 earnings: EPS exceeds analyst expectations Third quarter 2023 results: EPS: US$3.52 (up from US$1.53 loss in 3Q 2022). Revenue: US$13.1b (up 9.7% from 3Q 2022). Net income: US$1.02b (up US$1.46b from 3Q 2022). Profit margin: 7.8% (up from net loss in 3Q 2022). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Insurance industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 06
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: US$2.78 (up from US$1.40 in 2Q 2022). Revenue: US$12.1b (up 7.5% from 2Q 2022). Net income: US$804.0m (up 99% from 2Q 2022). Profit margin: 6.7% (up from 3.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Insurance industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jul 08
Swiss Re AG Announces Appointment of Ali Shahkarami as Global Head of PC Solutions Swiss Re AG announced the appointment of Ali Shahkarami as global head of PC Solutions. Shahkarami is to be based out of Munich. In the position, Shahkarami is to lead a global team of insurance and data experts. He joins Swiss Re from Allianz Global Corporate Specialty. Reported Earnings • May 07
First quarter 2023 earnings: Revenues and EPS in line with analyst expectations First quarter 2023 results: EPS: US$2.23 (up from US$0.86 loss in 1Q 2022). Revenue: US$12.1b (up 9.6% from 1Q 2022). Net income: US$643.0m (up US$891.0m from 1Q 2022). Profit margin: 5.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Insurance industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • May 04
Consensus revenue estimates increase by 10% The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$46.0b to US$50.6b. EPS estimate unchanged at US$11.32. Net income forecast to grow 589% next year vs 17% growth forecast for Insurance industry in Switzerland. Consensus price target broadly unchanged at CHF93.35. Share price was steady at CHF87.92 over the past week. Upcoming Dividend • Apr 08
Upcoming dividend of US$6.40 per share at 6.1% yield Eligible shareholders must have bought the stock before 14 April 2023. Payment date: 18 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.1%. Within top quartile of Swiss dividend payers (4.2%). Higher than average of industry peers (5.3%). Reported Earnings • Feb 20
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: US$1.63 (down from US$4.97 in FY 2021). Revenue: US$46.0b (down 1.6% from FY 2021). Net income: US$472.0m (down 67% from FY 2021). Profit margin: 1.0% (down from 3.1% in FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 6.6%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Insurance industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jan 18
Swiss Re Ltd. Announces Executive Changes, Effective on April 1, 2023 Swiss Re Ltd. announced the appointment of Velina Peneva as Group Chief Investment Officer and member of the Group Executive Committee, effective April 1, 2023. She will succeed Guido Furer following his retirement after 25 years at Swiss Re. Peneva is currently Co-Head Client Solutions & Analytics in Swiss Re's Asset Management. Previously, she headed Swiss Re's private equity investment mandate. Before joining Swiss Re in 2017, Peneva worked for Bain & Company in the US, Australia and Switzerland. Major Estimate Revision • Oct 30
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$3.37 to US$1.71 per share. Revenue forecast steady at US$44.0b. Net income forecast to grow 239% next year vs 6.5% growth forecast for Insurance industry in Switzerland. Consensus price target broadly unchanged at CHF83.23. Share price was steady at CHF75.42 over the past week. Announcement • Oct 29
Swiss Re AG to Report Q1, 2023 Results on May 04, 2023 Swiss Re AG announced that they will report Q1, 2023 results on May 04, 2023 Announcement • Oct 18
Swiss Re AG Provides Earnings Guidance for the Third Quarter of 2022 Swiss Re AG provided earnings guidance for the third quarter of 2022. The company estimates its preliminary claims from Hurricane Ian at approximately USD 1.3 billion, resulting in an expected Group net loss of approximately USD 0.5 billion for the third quarter of 2022. While the 2022 target of 10% Group ROE is unlikely to be reached given the impact from natural catastrophes, the Ukraine war and financial market volatility, the Group remains confident in the mid-term outlook and committed to its 2024 profitability goals. Major Estimate Revision • Oct 12
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$5.44 to US$4.47 per share. Revenue forecast steady at US$43.8b. Net income forecast to grow 299% next year vs 6.5% growth forecast for Insurance industry in Switzerland. Consensus price target down from CHF88.92 to CHF86.90. Share price fell 6.0% to CHF69.90 over the past week. Major Estimate Revision • Oct 10
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$5.44 to US$4.87 per share. Revenue forecast steady at US$43.7b. Net income forecast to grow 324% next year vs 6.5% growth forecast for Insurance industry in Switzerland. Consensus price target down from CHF89.23 to CHF86.94. Share price fell 3.8% to CHF70.40 over the past week. Announcement • Sep 07
Swiss Re AG to Report Fiscal Year 2022 Final Results on Mar 16, 2023 Swiss Re AG announced that they will report fiscal year 2022 final results on Mar 16, 2023 Announcement • Aug 26
Swiss Re Corporate Solutions Appoints Andrea Douglass as Senior Vice President Swiss Re Corporate Solutions appointed Andrea Douglass as senior vice president for customer management in Canada. Douglass is to attend to the role on August 29 and is to be based in Toronto. She is to take over from Sarah Kestle who is retiring from the firm next month. Reported Earnings • Aug 03
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: EPS: US$1.40 (down from US$2.47 in 2Q 2021). Revenue: US$11.2b (down 2.2% from 2Q 2021). Net income: US$405.0m (down 43% from 2Q 2021). Profit margin: 3.6% (down from 6.2% in 2Q 2021). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 93%. Over the next year, revenue is expected to shrink by 2.7% compared to a 14% decline forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jul 19
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$6.53 to US$5.86. Revenue forecast unchanged from US$43.5b at last update. Net income forecast to grow 142% next year vs 5.6% growth forecast for Insurance industry in Switzerland. Consensus price target down from CHF90.66 to CHF88.38. Share price was steady at CHF72.96 over the past week. 
