|Bid||95.16 x N/A|
|Ask||105.15 x N/A|
|Day's range||98.48 - 103.95|
|52-week range||83.14 - 104.20|
|Beta (5Y monthly)||0.85|
|PE ratio (TTM)||68.87|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Swiss Re expects to increase its net income to more than $3.6 billion for 2024, the company said on Friday, as it announced new financial targets on its investors day. The company's property and casualty reinsurance business is aiming for a combined ratio of less than 87% next year, it said, while the life and reinsurance operations is expected to generate net income of $1.5 billion. In its corporate solutions business, the tailored insurance operation it offers to big companies, Swiss Re will target a combined ratio of less than 93%, while the group as a whole is aiming for a long-term return on equity of more than 14%.
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