Swiss Re AG (XSWX:SREN)

CHF 110.3 0.2 (0.18%) Market Cap: 32.03 Bil Enterprise Value: 36.79 Bil PE Ratio: 11.93 PB Ratio: 2.29 GF Score: 76/100

Q2 2022 Swiss Re AG Earnings Call (Q&A) Transcript

Jul 29, 2022 / 12:00PM GMT

Release Date Price: CHF71.3 (-0.50%)

Transcript

Operator

Good morning or good afternoon, welcome to Swiss Re Half Year 2022 Results Conference Call. Please note that today's conference is being recorded.

At this time, I'd like to turn the conference over to Mr. Christian Mumenthaler, Group CEO. Please go ahead, sir.

Christian Mumenthaler

Swiss Re AG - Group CEO

Thank you very much, and good morning, and good afternoon, to everyone from me as well. I'm here with John Dacey, our Group CFO; Thierry Leger, our Group CEO; and Thomas Bohun, our Head of Investor Relations.

Before we go to Q&A, allow me to make a few remarks. I've read a lot of good write-ups. I will not go through the numbers anymore, but rather focus maybe on a few nuances or elements I want to personally talk about, so you get a bit of a better sense and background sense of how we see things.

So the first one to talk about is Life & Health. I think obviously, we're very happy about the result in Q2. I'm pleased to see that the COVID losses drop as much as they did. I think the nuance I'd add here is that in the past,

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