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Swiss Re AG

SRENH.S

Latest Trade

108.20CHF

Change

-0.80(-0.73%)

Volume

1,026,809

Today's Range

108.05

 - 

109.45

52 Week Range

86.92

 - 

109.45

As of on the Virt-X ∙ Minimum 15 minute delay

Latest Developments

Phoenix Group Announces Proposed Acquisition Of ReAssure For 3.2 Bln Stg

Dec 6 (Reuters) - Phoenix Group Holdings PLC <PHNX.L>::PHOENIX GROUP HOLDINGS PLC - PROPOSED ACQUISITION OF REASSURE GROUP PLC.PHOENIX GROUP HOLDINGS PLC - PROPOSED DEAL FOR £3.2 BILLION.PHOENIX - SEES DEAL TO GENERATE ADDITIONAL CASH FLOWS OF ABOUT £7.0 BILLION OVER TIME.PHOENIX GROUP - COST & CAPITAL SYNERGIES OF £800 MILLION EXPECTED BY LEVERAGING PHOENIX'S HIGHLY EFFICIENT OPERATING MODEL.PHOENIX- CONSIDERATION OF £3.2 BILLION WILL BE FINANCED VIA CASH CONSIDERATION OF £1.2 BILLION FUNDED VIA COMBINATION OF DEBT FACILITIES & OWN CASH RESOURCES.PHOENIX GROUP - CONSIDERATION ALSO INCLUDES ISSUANCE TO SWISS RE OF SHARES IN PHOENIX WITH A VALUE OF £2.0 BILLION.PHOENIX GROUP HOLDINGS PLC - ACQUISITION TO ADD £84 BILLION OF ASSETS UNDER ADMINISTRATION AND ABOUT 4.1 MILLION POLICIES.

Swiss Re AG Says It Will Adopt International Financial Reporting Standards (IFRS) For Its Consolidated Financial Statements As Of 1 January 2024

By Brenna Hughes Neghaiwi:SAYS IT WILL ADOPT INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) FOR ITS CONSOLIDATED FINANCIAL STATEMENTS AS OF 1 JANUARY 2024.

Swiss Re Confirms Strategy And Targets - Statement

Nov 25 (Reuters) - Swiss Re AG <SRENH.S>::SWISS RE CONFIRMS STRATEGY AND TARGETS, OUTLINES PLANS FOR FURTHER PROFITABLE GROWTH IN REINSURANCE.SWISS RE’S CAPITAL POSITION REMAINS VERY STRONG, PROVIDING THE BASIS FOR ATTRACTIVE GROWTH OPPORTUNITIES AND SHAREHOLDER RETURNS.SWISS RE INTENDS TO FURTHER GROW AND DIVERSIFY ITS NATURAL CATASTROPHE PORTFOLIO, WITH A POSITIVE EFFECT ON EARNINGS.GROUP IS TAKING TARGETED ACTIONS TO IMPROVE PROFITABILITY AND MANAGE RISK WITHIN CASUALTY REINSURANCE PORTFOLIO TO ADDRESS A CHALLENGING US LIABILITY MARKET ENVIRONMENT.

Swiss Re Declines Comment On Report That China Pacific In Talks To Acquire Stake

Nov 6 (Reuters) - Swiss Re AG <SRENH.S>::SWISS RE DECLINES COMMENT ON REPORT THAT CHINA PACIFIC IN TALKS TO ACQUIRE $2 BILLION STAKE.

Swiss Re CFO says aims to reduce Reassure stake, IPO an option - Bloomberg TV

Oct 31 (Reuters) - Swiss Re AG <SRENH.S>::SWISS RE CFO SAYS OBJECTIVE TO REDUCE STAKE IN REASSURE, IPO IS AN OPTION - BLOOMBERG TV.

Global Economic Losses From Disasters Well Below Avg In H1 -Swiss Re

Aug 15 (Reuters) - Swiss Re AG <SRENH.S>::SWISS RE INSTITUTE ESTIMATES GLOBAL ECONOMIC LOSSES OF USD 44 BILLION FROM CATASTROPHES IN THE FIRST HALF OF 2019.GLOBAL INSURED LOSSES FROM DISASTERS WERE USD 19 BILLION IN H1 2019, DOWN FROM USD 26 BILLION IN H1 2018.DISASTER EVENTS CLAIMED MORE THAN 5,000 VICTIMS IN H1.GLOBAL ECONOMIC LOSSES OF $44 BILLION WELL BELOW AVERAGE OF H1 ECONOMIC LOSSES OF PREVIOUS TEN YEARS, WHICH WAS $109 BILLION.

Reassure Acquires The Quilter UK Heritage Book For £425 Mln

Aug 5 (Reuters) - Reassure Group PLC <IPO-REG.L>::REASSURE GROUP PLC - REASSURE ACQUIRES THE QUILTER UK HERITAGE BOOK.REASSURE GROUP PLC - PROPOSED DEAL FOR A TOTAL CONSIDERATION OF £425 MILLION..REASSURE GROUP PLC - PROPOSED DEAL FOR TRANSACTION WILL GENERATE SUBSTANTIAL SYNERGIES AND INCREASES FUTURE SURPLUS GENERATION.REASSURE GROUP PLC - PROPOSED DEAL FUNDED FROM REASSURE'S OWN RESOURCES AND SIGNIFICANTLY EXCEEDS INTERNAL RETURN REQUIREMENTS.

Swiss Re CFO Says 2nd Tranche Of Share Buyback Less Likely After Failed Reassure IPO

July 31 (Reuters) - Swiss Re AG <SRENH.S>::SWISS RE CFO SAYS 2ND TRANCHE OF SHARE BUYBACK LESS LIKELY AFTER FAILED REASSURE IPO, WILL UPDATE AFTER Q3 RESULTS.SWISS RE CFO SAYS LOSSES RESULTING FROM CRASH OF ETHIOPIAN AIRLINE PLANE WAS $130 MILLION.

Swiss Re: Not considering re-starting ReAssure IPO this year; long-term options open

July 11 (Reuters) - Swiss Re <SRENH.S>::SAYS CURRENTLY NOT CONSIDERING RE-STARTING IPO PROCESS FOR UK LIFE INSURER REASSURE THIS YEAR; LONG-TERM OPTIONS OPEN.

Swiss Re Says Russell Higginbotham To Become New Swiss Re CEO Reinsurance Asia And Regional President

June 27 (Reuters) - Swiss Re AG <SRENH.S>::RUSSELL HIGGINBOTHAM TO BECOME NEW SWISS RE CEO REINSURANCE ASIA AND REGIONAL PRESIDENT.HIGGINBOTHAM SUCCEEDING JAYNE PLUNKETT, WHO HAS DECIDED TO PURSUE CAREER OPPORTUNITIES OUTSIDE SWISS RE.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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