RBC has kept its Underperform rating on Swiss Re, with a price target of 115 Swiss francs. Analyst Ben Cohen revised his models using the company’s second‑quarter numbers but left the recommendation unchanged.
Cohen said his preference for more diversified conglomerates remains, while he stays cautious on reinsurers because of sector overcapacity. He highlighted the reinsurance segment’s return outlook to 2027 as an important topic for the coming months.
The original study was published on 3 September 2026 at 19:04 EDT and first distributed on 4 September 2026 at 00:45 EDT.












