Swiss Re AG (Swiss Re AG) Retained Earnings : $28,548 Mil (As of Dec. 2023)

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What is Swiss Re AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Swiss Re AG's retained earnings for the quarter that ended in Dec. 2023 was $28,548 Mil.

Swiss Re AG's quarterly retained earnings declined from Dec. 2022 ($27,279 Mil) to Jun. 2023 ($26,781 Mil) but then increased from Jun. 2023 ($26,781 Mil) to Dec. 2023 ($28,548 Mil).

Swiss Re AG's annual retained earnings declined from Dec. 2021 ($28,632 Mil) to Dec. 2022 ($27,279 Mil) but then increased from Dec. 2022 ($27,279 Mil) to Dec. 2023 ($28,548 Mil).

Swiss Re AG Retained Earnings Historical Data

The historical data trend for Swiss Re AG's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Swiss Re AG Retained Earnings Chart

Swiss Re AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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32,676.00

29,050.00

28,632.00

27,279.00

28,548.00

Swiss Re AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															28,632.00	26,964.00	27,279.00	26,781.00	28,548.00

Swiss Re AG Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Swiss Re AG (OTCPK:SSREY) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Swiss Re AG (Swiss Re AG) Business Description

Industry

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Traded in Other Exchanges

SSREF:USA SREN:Mexico SRENz:UK SR9A:Germany SREN:Switzerland

Address

Mythenquai 50/60, Zurich, CHE, 8022

Website

https://www.swissre.com

Swiss Re is a reinsurer that has three core divisions: property and casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an ex-investment banker who took the business heavily into securitizations, lately Swiss Re has been focused on establishing quality within its three core divisions.

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