Swiss Re AG traded at 124.15 this Monday February 2nd, increasing 0.70 or 0.57 percent since the previous trading session. Looking back, over the last four weeks, Swiss Re AG gained 4.61 percent. Over the last 12 months, its price fell by 10.59 percent. Looking ahead, we forecast Swiss Re AG to be priced at 120.45 by the end of this quarter and at 111.88 in one year, according to Trading Economics global macro models projections and analysts expectations.
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.