Swiss Re : Swiss Re starts 2023 within a robust framework
>FY 2022 results came in ahead of estimates - Swiss Re reported FY 2022 results ahead of estimates and thus finished the year on a positive note in an otherwise disappointing year with regards to overall group profitability. FY 2022 group net profit came to $ 472m and thus ahead of $ 450m consensus expectation. DPS proposal stands at $ 6.40, in line with estimates. The SST ratio was strong with >280% as at January 2023 (target range 200% to 250%) helped by temporary ...Swiss Re is engaged in wholesale reinsurance, insurance and risk transfer solutions. Co.'s clients include insurance companies, corporations, the public sector and policyholders. Co.'s business units include: Property & Casualty Reinsurance, which includes the business lines property and casualty (including motor); Life & Health Reinsurance, which includes the life and health line of business; Corporate Solutions, which serves mid-sized and large corporations, with product offerings ranging from property and casualty insurance to customised solutions; and Admin Re®, which provides risk and capital management solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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