Are the models failing for reinsurer Swiss Re?

The world’s second largest reinsurer, Swiss Re, shows how difficult the situation is with its 9-month figures. The models signalled different values than reality then produced.
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The world’s second largest reinsurer, Swiss Re, shows how difficult the situation is with its 9-month figures. The models signalled different values than reality then produced.
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The German Lufthansa Group has presented its quarterly figures. A comparison of its subsidiaries shows whether the Swiss give the Germans more pleasure than the Austrians.
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iPhone manufacturer Apple is known for its sales success. With the iPhone 14 series, however, the strategy is apparently not working – even in the ‘Apple country’ Switzerland.
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Telecom provider Swisscom had weaker nine months and adjusted its forecast downward on one figure. Owners are likely to cheer nonetheless.
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Ralph Hamers, the CEO of the Swiss bank UBS, had formulated a new strategic goal. But exactly there is a major problem.
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Swiss business news portal muula.ch took a critical look at a company’s half-year results. Now the CEO of the insurance group concerned is resigning.
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The construction chemicals group Sika is a good example of how companies have to position themselves. Business is booming, even though the whole world is talking about a crisis.
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Swiss food company Nestlé has achieved striking sales increases in the first three business quarters. Only one segment is treading water.
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Numerous companies have achieved excellent results so far in the fiscal year and continue to be optimistic. Now there is another world market leader who is confident.
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Swedish-Swiss technology group ABB has suffered a slump in profits in the third quarter. But the management is still in good spirits.
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The world’s second-largest reinsurer, Swiss Re, has found itself in a drastic situation. And it’s not just high hurricane losses that are weighing on the group.
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Retailer Migros has opened its first store without sales staff. But that’s not the only special feature at Migros Teo.
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Swiss Post is forging ahead with its strategy ‘Post of tomorrow’. While this generates revenue, it doesn’t suit everyone.
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The Swiss Gazprombank, caught in the maelstrom of Russia sanctions, is suddenly stopping its business completely. The rationale, however, is a bit strange.
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German insurer Allianz is rocked by a scandal at its in-house asset manager Allianz Global Investors. The problem could also affect bank Vontobel.
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Credit Suisse is in deep trouble. The former top manager of the big bank and also of UBS, Oswald Gruebel, points out positive and wrong decisions.
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Swiss banks have already payed billions of penalties in the U.S. Now there is another million-dollar fine against another major bank.
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Billionaire and head of Tesla, Elon Musk, first blew off the acquisition of Twitter. Now he wants to buy the Twitter service. His change of mind has huge consequences.
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Aryzta, a group focused on baked goods, has just achieved a ‘black zero’ in profits. But the challenges remain enormous.
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Big bank UBS wanted to buy a company in the U.S.A. and put 1.4 billion dollars on the table for it. Now it becomes clear why nothing came of it.
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For decades Basel-based pharmaceutical company Novartis has not allowed just anyone onto its premises – except with permission. That is set to change starting as of Monday.
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The CSS health insurance group is having difficulties complying with legal solvency requirements. Instead of finding a permanent solution, the problems are simply being postponed.
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Movements in the capital markets are causing insurers’ equities to shrink. Now, as in the case of Zurich Insurance, there is even an additional effect.
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The two big Swiss banks have each caught fines in the U.S. again. This time the offenses didn’t happen so long ago.
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Industrial corporation Georg Fischer helps its customers save money while protecting the environment. The company is jumping on three trends.
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