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Swiss Re AG SREN Stock Quote

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Morningstar‘s Stock Analysis SREN

Valuation
Currency in CHF
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Swiss Re Is an Undervalued and Fairly Run Reinsurer

Business Strategy and Outlook

| Henry Heathfield, CFA |

Swiss Re has a history of overly aggressive expansion and typically too much leverage. The first example of this can be seen in the acquisition of General Electric Insurance Solutions in the earlier part of the new millennium. This was financed through a combination of debt and share issuance, a historic and largest Swiss Re acquisition in that period.

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Key Statistics SREN

Company Profile SREN

Business Description

Swiss Re was established in 1863 in Zurich. Since then the business appears to have cycled through quite a few strategies. Namely in the early part of the millennium Swiss Re took on an investment banker who eventually led the business. Over the next 10 years CEO Jacques Aigrain built Swiss Re's financial solutions into a powerhouse and helped the company complete its first securitisation, finalised in 2005 for credit reinsurance. This division became a leader for Swiss Re, but then disaster struck during the global financial crisis. Swiss Re mothballed this unit and approved a CHF 5 billion capital raise. Now the business concentrates more fundamentally on property and casualty, life and health reinsurance. Swiss Re also has a good commercial insurance offering named corporate solutions.

Contact
Mythenquai 50/60
Zurich, 8022, Switzerland
T +41 432852121
Industry Insurance - Reinsurance
Most Recent Earnings Dec 31, 2016
Fiscal Year End Dec 31, 2022
Employees 14,836