Swiss Re AG (XSWX:SREN)
CHF 118.35 -1.6 (-1.33%) Market Cap: 34.37 Bil Enterprise Value: 38.55 Bil PE Ratio: 11.73 PB Ratio: 1.75 GF Score: 72/100

Q4 2019 Swiss Re AG Earnings Call (Q&A) Transcript

Feb 20, 2020 / 12:30PM GMT
Release Date Price: CHF107.3 (-8.13%)
Operator

Good morning or good afternoon. Welcome to Swiss Re Annual Results 2019 Conference Call. Please note that today's conference call is being recorded. At this time, I would like to turn the conference over to Christian Mumenthaler, Group CEO. Please go ahead, sir.

Christian Mumenthaler
Swiss Re AG - Group CEO & Member of Executive Committee

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Q&A call. I'm here with John Dacey, our Group CFO; Edi Schmid, our Group Chief Underwriting Officer; and Philippe Brahin, our Head of Investor Relations.

Allow me to make some comments on the results we published today before we take your questions.

There are several drivers of the Swiss Re Group 2019 annual results. First, we saw elevated nat cat claims of multiple large and medium-sized events. For instance, typhoons Hagibis and Faxai in Japan, Hurricane Dorian in the Bahamas and several events in Australia. Since we have a strong presence in all of these regions, explaining why the impact was large. However, we continue to see these as attractive markets, and they

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