Swiss Re Price Target and Estimates Cut: Higher Cost of Equity and Lower Earnings
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TL;DR
RBC cut Swiss Re's price target and estimates due to higher cost of equity and lower earnings, with revenues mainly from non-life and life/health reinsurance.
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Swiss Reprice targetcost of equityearningsreinsurance
Swiss Re's price target and estimates have been cut by RBC due to a higher cost of equity and lower earnings. The reinsurance group's revenues are primarily from non-life reinsurance (42.7%), life and health reinsurance (36.9%), financial services (17.5%), and other activities (2.9%). Geographically, revenues are distributed across various regions, with the majority coming from the United States.
