|Over a week ago|
Global insurers feel the pain from COVID-19 as claims pile up, WSJ says » 13:5105/1405/14/20
PUK, RE, SSREY
Global insurers are…
Global insurers are feeling the impact of the coronavirus as claims increase related to event cancellations and postponements amid their other lines of business and are revising their previous profitability views for 2020, reports the Wall Street Journal's Julie Steinberg. "German reinsurance company Munich Re AG last week said it had notched $979M in claims related to the virus, with event cancellations and postponements contributing the bulk," added the Wall Street Journal story. Companies in the space include: Prudential plc (PUK), Everest Re (RE) Swiss Re (SSREY). Reference Link
Swiss Re price target lowered to CHF 90 from CHF 100 at Deutsche Bank » 12:2605/0405/04/20
Deutsche Bank analyst…
Deutsche Bank analyst Hadley Cohen lowered the firm's price target on Swiss Re to CHF 90 from CHF 100 and keeps a Hold rating on the shares.
|Over a month ago|
Swiss Re price target raised to CHF 93 from CHF 90 at UBS » 11:5505/0105/01/20
UBS analyst Jonny Urwin…
UBS analyst Jonny Urwin raised the firm's price target on Swiss Re to CHF 93 from CHF 90 and keeps a Buy rating on the shares.
Swiss Re downgraded to Underperform from Neutral at Exane BNP Paribas » 06:2304/1704/17/20
Exane BNP Paribas analyst…
Exane BNP Paribas analyst Paris Hadjiantonis downgraded Swiss Re to Underperform from Neutral with a CHF 75 price target.
Swiss Re price target lowered to CHF 98 from CHF 108 at JPMorgan » 13:4104/0904/09/20
JPMorgan analyst Edward…
JPMorgan analyst Edward Morris lowered the firm's price target on Swiss Re to CHF 98 from CHF 108 and keeps an Overweight rating on the shares. The analyst noted in a European Reinsurance note that COVID-19 is "a material uncertainty for the claims outlook."
Swiss Re upgraded to Buy from Sell at UBS » 04:4803/3103/31/20
UBS double upgraded Swiss…
UBS double upgraded Swiss Re to Buy from Sell with a price target of CHF 90, up from CHF 88.50.
|Over a quarter ago|
Fly Intel: Wall Street's top stories for Monday » 16:4703/0203/02/20
TWTR, AAPL, NXPI, FTSV, GILD, GE, UBS, SSREY, CVX, KPTI, CODX, NVAX, GTT
Stocks bounced back after…
UBS CEO set to become chairman of Swiss Re, Reuters says » 13:3803/0203/02/20
UBS (UBS) CEO Sergio…
UBS (UBS) CEO Sergio Ermotti, who will be leaving as the head of Switzerland's biggest bank later this year, is set to become chairman of Swiss Re (SSREY) next year, according to Reuters, citing three people familiar with the matter. Reference Link
Citigroup to hold a conference » 08:0601/0901/09/20
AEG, AVVIY, AXA, PRU, SSREY, SWSDF, ZURVY
European Insurance Conference will be held in London, England on January 9.
Swiss Re downgraded to Neutral from Outperform at Exane BNP Paribas » 05:4112/1612/16/19
Exane BNP Paribas analyst…
Exane BNP Paribas analyst Paris Hadjiantonis downgraded Swiss Re to Neutral from Outperform with a CHF 115 price target.