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Added to YB: 2025-12-11

Pitch date: 2025-12-09

SREN.SW [neutral]

Swiss Re AG

+1.6%

current return

Author Info

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Company Info

Swiss Re AG, together with its subsidiaries, provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Market Cap

CHF 47.6B

Pitch Price

CHF 128.00

Price Target

N/A

Dividend

4.55%

EV/EBITDA

7.72

P/E

9.55

EV/Sales

1.19

Sector

Insurance

Category

turnaround

Show full summary:
Swiss Re (SREN Switzerland): conservatism returns as growth takes a back seat

SREN.SW (update): 2026 net profit guidance $4.5B, 6% below consensus as mgmt prioritizes balance sheet strength over growth amid softening reinsurance cycle. $500M buybacks (half expected). Combined ratios <85% P&C, <91% Corp Solutions. $300M cost cuts by 2027, AI productivity gains emerging.

Read full article (2 min)