Swiss Re AG (XSWX:SREN)
CHF 110.3 0.2 (0.18%) Market Cap: 32.03 Bil Enterprise Value: 36.80 Bil PE Ratio: 11.93 PB Ratio: 2.29 GF Score: 76/100

Q2 2019 Swiss Re AG Earnings Press Conference Transcript

Jul 31, 2019 / 08:30AM GMT
Release Date Price: CHF96.56 (+1.30%)
Operator

Good morning or good afternoon. Welcome to Swiss Re's Half-Year 2019 Results 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.

Christian Mumenthaler
Swiss Re AG - Group CEO

Thank you very much. Good morning and good afternoon, everybody, and welcome to our half-year 2019 results Q&A call. I'm here with John Dacey, our Group CFO; Edi Schmid, our Group Chief Underwriting Officer; Andreas Berger, the CEO of Corporate Solutions; and Philippe Brahin, our Head of Investor Relations.

Before we go to Q&A, I will make a few comments to put today's reported information into context. Andreas will complement this by adding some additional color on Corporate Solutions.

The Group reported a net income of USD 953 million for the first half of 2019, supported by the strong results of our Reinsurance business unit and reflecting an excellent investment result.

I want to emphasize the

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