Trade Swiss Re AG - SREN CFD

About Swiss Re AG

Swiss Re AG is a Switzerland-based wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments. Its Corporate Solutions segment is engaged in serving mid-sized and large corporations, with product offerings ranging from traditional property and casualty insurance to customized solutions. Its Admin Re segment provides risk and capital management solutions by which the Company acquires closed books of in-force life and health insurance business, entire lines of business, or the entire capital stock of life insurance companies. Its open and closed life insurance books, including Admin Re, are managed under a unit called Life Capital.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Swiss Re AG revenues increased 7% to $46B. Net income totaled $1.44B vs. loss of $878M. Revenues reflect Property & Casualty Reinsurance segment increase of 6% to $24.1B. Net Income reflects Corporate Solutions Expense Ratio - % decrease of 9% to 28.8%, Equity Earnings increase from $51M (expense) to $806M (income). Dividend per share decreased from $6.67 to $6.47.