Swiss Re AG stock analysis
Swiss Re AG (SSREF) Stock Price & Analysis
SSREF Stock Chart & Stats
- Day’s Range
- $181.11 - $182.46
- 52-Week Range
- $142.15 - $192.58
- Previous Close
- $183.53
- Volume
- N/A
- Average Volume (3M)
- 2,103
- Market Cap
- $49.24B
- Enterprise Value
- $45.68B
- Total Cash (Recent Filing)
- $3.94B
- Total Debt (Recent Filing)
- $9.47B
- Price to Earnings (P/E)
- 10.9
- Beta
- 0.49
- Next Earnings
- Feb 26, 2027 (Est.)
- EPS Estimate
- 2.74
- Last Dividend Ex-Date
- Apr 15, 2026
- Dividend Yield
- 4.42%
Bulls Say, Bears Say
Bulls Say
Strong Profitability And Underwriting
Strong profitability and underwriting indicate that Swiss Re is converting risk capacity into attractive returns across its core franchises. A 23% ROE and a low P&C combined ratio provide earnings resilience and support reinvestment, capital returns, and competitive positioning over the next several quarters.
Robust Capital Strength
A 264% SST ratio gives Swiss Re substantial capacity to absorb adverse claims development, pursue attractive reinsurance opportunities, and maintain shareholder distributions. Strong capitalization also supports credibility with cedants and allows management to remain selective as market pricing and risk conditions change.
Accelerating Cost Efficiency
The larger cost-reduction program can improve operating leverage and make earnings less dependent on favorable claims outcomes or pricing conditions. Progress on simplification should support sustainable margins, strengthen productivity, and create additional flexibility for investment in risk analytics and client solutions.
Bears Say
Declining New-business Profitability
Lower new business CSM across every reported segment signals weaker economics on recently written business, whether from reduced transaction activity, pricing, or risk selection. If sustained, this can slow future earnings growth as existing contractual margins run off and replacement opportunities become less profitable.
Pricing And Competitive Pressure
Worsening pricing in important lines can compress underwriting margins unless Swiss Re offsets it through stricter terms, portfolio selection, or efficiency gains. Persistent competition may also reduce the profitability of new contracts and make premium growth less valuable when risk-adjusted returns are falling.
Uneven Revenue And Cash-flow Trends
Volatile revenue and inconsistent cash-flow coverage make results less predictable than the headline earnings recovery suggests. This variability can complicate capital planning and reduce confidence that reported net income will translate steadily into distributable cash across different underwriting and investment environments.
Swiss Re AG News
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Company Description
Swiss Re AG
Swiss Re AG, along with its affiliated entities, operates internationally as a prominent provider of diverse risk management solutions. Its offerings extend to wholesale reinsurance, direct insurance products, various forms of insurance-based risk transfer, and associated services. The company's extensive operations are primarily channeled through three key business divisions: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions. Specifically, the Property & Casualty Reinsurance unit undertakes the underwriting of a comprehensive array of risks. This includes property-related coverages like general property, credit and surety, engineering, aviation, marine, agriculture, retakaful, and facultative solutions. It also encompasses casualty reinsurance for areas such as general liability, motor vehicle, workers' compensation, personal accident, management and professional liability, and cyber threats, alongside facultative options. The Life & Health Reinsurance segment specializes in underwriting solutions for both life and health insurance portfolios. The Corporate Solutions division provides tailored risk transfer products, ranging from standardized covers and multi-line programs to highly customized insurance solutions for businesses. Its extensive client base spans various sectors, including stock and mutual insurance carriers, government and public bodies, medium to large enterprises, and private individuals. Established in 1863, the company maintains its headquarters in Zurich, Switzerland.
- Sector
- Financial
- Industry
- Insurance - Reinsurance
- CEO
- Andreas Berger
- Employees
- 14,522
- Website
- www.swissre.com
- Address
- Mythenquai 50/60, PO Box, Zurich, ZH, 8022, CH
Swiss Re AG (SSREF) Earnings & Revenues
SSREF Earnings Call
Earnings Call SentimentPositive
The call presented a predominantly positive operational and financial picture: strong H1 profitability (USD 2.8bn net income), high ROE (23%), excellent P&C underwriting (76.7% combined ratio), robust Life & Health results, solid investment returns (4.0% ROI), and very strong capital metrics (SST ~264%). Management also highlighted disciplined cycle management, increased cost-savings targets (USD 500m), and prudent reserving actions that reinforce balance sheet resilience. Offsetting these positives are meaningful declines in new business CSM across divisions (notably Life & Health), pricing and competitive pressures in particular lines (nonproportional property, specialty), a risk-adjusted price decline explained by higher loss assumptions (~4.4%), an upward trend in expense ratios, and the risk that benign nat cat experience in H1 may not persist into peak hurricane season. Overall, the positives (profitability, capital strength, underwriting performance and active prudence) outweigh the headwinds from new-business profitability and line-specific pricing pressure, though these headwinds warrant monitoring.
View all SSREF earnings summariesSSREF Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 5 | 8 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 6 | 0 | 6 |










