Swiss re company profile (reinsurance business model)
Company Description • Established in 1863, Swiss Re is one of the major players in the global reinsurance sector, Headquartered in Zurich, Switzerland.1. • Swiss Re operates through its holding company, Swiss Re Ltd., in reinsurance, direct corporate insurance.2. • Reinsurance generates 80 % of its total premiums.3. • Covers industries such as agriculture, aviation and space, real estate, trade, entertainment, power, and mining.4.
Reinsurance business model• The practice of insurers transferring portions of risk portfolios to other parties by some form of agreement in order to reduce the likelihood of having to pay a large obligation resulting from an insurance claim.• The intent of reinsurance is for an insurance company to reduce the risks associated with underwritten policies by spreading risks across alternative institutions.• The reinsurer is paid a "reinsurance premium“.• The reinsurer may either be a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company.
Competitors Zurich RE Swiss RE Berkshire Hathaway inc AXA SA Allianz
4 Oct. 2012 20:24:20 CEST 52 week high = 65.6 francs (4th Oct 2012) Swiss Re low = 42.55 francs (5th Oct 2011) 52 week AG Add to watch list Add to alarm list Add to my charts Last trade CHF 65.40 2.11% Date / Time 04.10.2012 / 17:31:36 Overview Chart Market data Share details Ratios Company details Analysts Liquidity Chart settings 04.10.2011 Open: 43.13 High: 44.09 Low: 42.55 Close: 43.82 SREN 65.60 65 60 55 50 45 42.55 Nov 11 Dec Jan 12 Feb Mar Apr May Jun Jul Aug Sep Oct Intraday | 5d | 10d | 1m | 3m | 6m | YTD | 1y | 2y | 3y | 5y | Max From 04.10.2011 to 03.10.2012