Economic net worth in 2013
EVM results for 2013
The 2013 EVM Report, showing Swiss Re’s results for the full year 2013, is available on swissre.com/investors/financial_information
Economic net worth (ENW) is defined as the difference between the market value of assets and the market consistent value of liabilities. ENW is the EVM measure of shareholders’ equity and the starting point in determining available capital for SST calculations.
In 2013, ENW increased by USD 3.3 billion from USD 33.9 billion at the end of December 2012. 2013 EVM income of USD 6.3 billion was partially offset by the Swiss Re Group’s dividend payments.
Economic net worth
| Download |
|
USD billions |
2012 |
2013 |
Change in % |
|
Property & Casualty |
15.6 |
17.2 |
10 |
|
Life & Health |
9.0 |
8.9 |
–1 |
|
Reinsurance |
24.6 |
26.1 |
6 |
|
Corporate Solutions |
3.7 |
3.9 |
5 |
|
Admin Re® |
4.9 |
4.8 |
–2 |
|
Group items |
3.4 |
4.8 |
41 |
|
Consolidation |
–2.7 |
–2.4 |
–11 |
|
Total |
33.9 |
37.2 |
10 |