Swiss re company profile (reinsurance business model)
1.
2. 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.
3. 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.
4. Competitors
Zurich RE
Swiss RE
Berkshire Hathaway inc
AXA SA
Allianz
9. 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
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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
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04.10.2011 Open: 43.13 High: 44.09 Low: 42.55 Close: 43.82
SREN
65.60
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42.55
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Intraday | 5d | 10d | 1m | 3m | 6m | YTD | 1y | 2y | 3y | 5y | Max From 04.10.2011 to 03.10.2012