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

7. Overview Chart Market data Share details Ratios Company details Analysts Liquidity
Margins Price ratios
Gross margin Price / earnings ratio (P/E) 9.13
Net profit margin 9.96% Price-­to-­book ratio 0.79
Operating margin 10.24% Price-­to-­sales ratio 0.90
Pretax margin -­ trailing 12 month 14.81% Price-­to-­free cash flow ratio 54.90
Valuation Management effectiveness
Dividend yield, 5-­year avg. 3.72% Return on equity (ROE) 9.56%
Dividend yield -­ indicated annual dividend 4.76% Return on assets (ROA) 1.23%
divided by closing price Return on investment (ROI)
Dividend per share -­ most recent fiscal 2.81% Net income / employee -­ most recent CHF
year fiscal year 248,234.90
Free cash flow -­ most recent fiscal year CHF 433.45 Revenue / employee -­ most recent fiscal CHF
year 2,491,487.00
Financial strengths Per share data
Current ratio Earnings per share CHF 7.03
Quick ratio Book value per share
Payout ratio 43.18% Revenue per share CHF 74.81
Total debt / total equity 69.85% Cash per share CHF 31.23
EBITDA -­ most recent fiscal year CHF Cash flow per share CHF 15.75
13,053.18
Earnings before taxes -­ most recent fiscal CHF 2,697.32
year
Net income available to common CHF 2,463.71
shareholders -­ most recent fiscal year
Net debt, LFI CHF 3,076.36
Data source:
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8. Analysts’ Recommendations

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
Chart settings
04.10.2011 Open: 43.13 High: 44.09 Low: 42.55 Close: 43.82
SREN
65.60
65
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55
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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