Business Units at a glance
Swiss Re is a leader in wholesale reinsurance, insurance and risk transfer solutions.
Reinsurance
Reinsurance is Swiss Re’s largest business in terms of income and the foundation of our strength, providing about 85% of gross premiums and fee income through two segments — Property & Casualty and Life & Health. The unit aims to extend Swiss Re’s industry-leading position with disciplined underwriting, prudent portfolio management and diligent client service.
Net premiums earned and fee income (USD billions)
Net income (USD millions)
Return on equity
Property & Casualty
22.2%
(26.7% in 2014)
Life & Health
15.7%
(−7.9% in 2014)
Operating performance
Property & Casualty
86.0%
(83.7% in 2014)
Combined ratio
Life & Health
9.9%
(2.6% in 2014)
Operating margin
Corporate Solutions
Corporate Solutions serves mid-sized and large corporations, with product offerings ranging from traditional property and casualty insurance to highly customised solutions. Corporate Solutions serves customers from over 50 offices worldwide.
Net premiums earned and fee income (USD billions)
Net income (USD millions)
Return on equity
14.8%
(12.5% in 2014)
Operating performance
93.8%
(93.0% in 2014)
Combined ratio
Admin Re®
Admin Re® provides risk and capital management solutions by which Swiss Re acquires closed books of in-force life and health insurance business, entire lines of business, or the entire capital stock of life insurance companies. As of 1 January 2016, the open and closed life insurance books of the Group, including Admin Re®, are managed under a new Business Unit called Life Capital.
Net premiums earned and fee income (USD billions)
Net income (USD millions)
Return on equity
7.5%
(0.6% in 2014)
Operating performance
543m
(USD 945m in 2014)
Gross cash generation
Total
(After consolidation)
Net premiums earned and fee income (USD billions)
Net income (USD millions)
Return on equity
13.7%
(10.5% in 2014)
Diversified and global
(Total USD 30.2 billion)
(Total USD 30.2 billion)