Swiss Re (OTCMKTS:SSREF) Trading 2.2% Higher – Here’s What Happened

Shares of Swiss Re AG (OTCMKTS:SSREFGet Free Report) rose 2.2% on Thursday . The company traded as high as $165.38 and last traded at $165.38. Approximately 2,117 shares were traded during mid-day trading, an increase of 303% from the average session volume of 525 shares. The stock had previously closed at $161.77.

Swiss Re Trading Up 2.2%

The business has a 50-day simple moving average of $154.46 and a 200-day simple moving average of $160.82.

About Swiss Re

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Swiss Re Ltd. is a leading global reinsurance company headquartered in Zurich, Switzerland. The firm specializes in providing insurance-based risk transfer solutions, helping insurance companies, corporations and public sector clients manage exposure to natural catastrophes, life and health risks, and other large-scale perils. Through tailored reinsurance contracts, Swiss Re supports cedents by offering capital relief, underwriting expertise and loss mitigation services across a broad spectrum of coverages.

The company’s core operations are organized into three main segments: Property & Casualty Reinsurance, Life & Health Reinsurance and Corporate Solutions.

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