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SSREY News and Press, Swiss Re Ltd. ADR From 10/28/21

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Company Name: Swiss Re Ltd. ADR
Stock Symbol: SSREY
Market: OTC

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SSREY - Retrocession Buoys SCOR's Result, Offsetting Catastrophe Claims

The reinsurance company has reported a 112% combined ratio for Q3 2021 and a 102.7% combined ratio for the first nine-months. SCOR continued to grow its property and casualty reinsurance business through Q3. Analysts have called SCOR’s quarterly and nine-month results "bett...

SSREY - Chubb Reports $1.15 Billion Of Pre-Tax Catastrophe Losses For Q3

The company reported a relatively significant uplift in its reinsurance recoverable after Q3 2021. Chubb's global reinsurance business fell to an underwriting loss for the quarter. Chubb has a robust business that can weather significant catastrophe events. For further detai...

SSREY - RenRe's Third-Party Capital Fee Income Drops On Q3 Catastrophe Impacts

RenRe reported that noncontrolling interests, which includes and largely comprises its third-party capital and ILS investors, would have over $322 million of these claims attributable to them. While the catastrophe losses and the ramifications of them are clearly going to be in focus ...

SSREY - Ida Triggers Travelers Aggregate Reinsurance In Q3, Makes $95 Million Recovery

Travelers had eroded through almost 80% of the retention for its aggregate catastrophe reinsurance layer by the end of the first-half of 2021. By the end of Q1 Travelers had accumulated some $915 million of qualifying losses towards the aggregate retention of its reinsurance, with tha...

SSREY - Here's 14 Top Dividends On Earth At Ideal Prices For October

Kiplinger "insights for investors" online first offered a list of 91 "Top Dividend Stocks From Around The World" 7/13/20. Two Kiplinger articles provided this 102 Top Dividend Stocks list 7/1/21. 39 European “Dividend Aristocrats” showed 10 years of stable or increasing ...

SSREY - Crypto Financial Services Firm Blofin Raises US$12 Million Series A2 Led by KuCoin Eco Fund

Crypto Financial Services Firm Blofin Raises US$12 Million Series A2 Led by KuCoin Eco Fund BEIJING, Sept 27, 2021 - (ACN Newswire) - Crypto financial services firm Blofin has raised US$12 million in a series A2 round of financing, led by KuCoin Eco Fund, followed by Matrix Pa...

SSREY - The 13 Ideally Priced Most Reliable Dividends On Earth For September

Kiplinger "insights for investors" online, first-offered a list of 91 "Top Dividend Stocks Around The World" 7/13/20. Two-recent Kiplinger articles provided 102 Top Dividend Stocks on Earth list 7/1/21. 39 European “Dividend Aristocrats,” showed 10 years of stable or inc...

SSREY - Moody's Revises Reinsurance Sector Outlook To Stable

Rating agency Moody’s Investors Service has revised its outlook for the global reinsurance industry from negative to stable, saying that price increases are set to drive stronger earnings for the sector going forwards. Casualty pricing also remains strong, Moody’s said, ...

SSREY - Swiss Re: A Solid, Long-Term Income Play On Rising Interest Rates

Swiss Re is a global giant with a diversified set of insurance and reinsurance-related business lines. The stock handled the COVID-19 crisis quite well and is now positioned to capitalize on the higher premiums in the market. If you believe longer-term interest rates are due to mo...

SSREY - Haiti Quake Insured Loss ~$250 Million Says KCC, Some Parametric Exposure

The devastating earthquake that struck the Caribbean nation of Haiti on August 14th is only expected to drive insurance industry losses of around US $250 million, while we’re hearing some parametric contracts are exposed. The impact of the quake has been significant in the affe...

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