Royal Bank Of Canada cut shares of Swiss Re Ltd. (OTC:SSREY) from an outperform rating to a sector perform rating in a report released on Wednesday, reports.

Swiss Re (OTC SSREY) opened at 22.13 on Wednesday. The company has a market capitalization of $28.47 billion, a PE ratio of 10.82 and a beta of 0.55. Swiss Re has a 52-week low of $21.53 and a 52-week high of $24.51. The company has a 50-day moving average price of $22.82 and a 200 day moving average price of $22.72.

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About Swiss Re

Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.

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