Swiss Re AG
SREN: XSWX (CHE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CHF 693.50 | Wlm | Pcdhvtd |
Swiss Re Is an Undervalued and Fairly Run Reinsurer
Business Strategy and Outlook
Swiss Re has a history of overly aggressive expansion and typically too much leverage. The first example of this can be seen in the acquisition of General Electric Insurance Solutions in the earlier part of the new millennium. This was financed through a combination of debt and share issuance, the largest Swiss Re acquisition in that period.