Swiss Re AG (SSREF) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strong ... [Yahoo! Finance]
SWISS RE LTD S/ADR (SSREY)
NASDAQ:AMEX Investor Relations:
shl-telemedicine.com/about-us/investorrelations
Company Research
Source: Yahoo! Finance
Large Net Cat Losses: $800 million for the first nine months; $750 million in Q3. Life & Health Re Net Income: $1.2 billion for the first nine months. Corporate Solutions Combined Ratio: 89.4% for the first nine months. Return on Investments: 3.9% for the first nine months. Recurring Income Yield: 4% for the first nine months; 4.6% reinvestment yield in Q3. Group SST Ratio: 284%, above the targeted long-term range. 2024 Net Income Outlook: Expected to exceed $3 billion, assuming normal loss activity. Warning! GuruFocus has detected 4 Warning Signs with HROW. Release Date: November 14, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Swiss Re AG ( SSREF ) reported a group net income of $2.2 billion for the first nine months of 2024, with a third-quarter profit of $102 million, despite significant reserving actions. The company has strengthened its P&C Re's US liability reserves by $3.1 billion for the first
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