4 Premiums written

For the years ended 31 December

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2015
USD millions

Property & Casualty Reinsurance

Life & Health Reinsurance1

Corporate Solutions

Life Capital1

Consoli­dation

Total

Gross premiums written, thereof:

 

 

 

 

 

 

Direct

 

40

2 905

1 203

 

4 148

Reinsurance

15 811

11 302

845

143

 

28 101

Intra-group transactions (assumed)

288

600

192

 

–1 080

0

Gross premiums written

16 099

11 942

3 942

1 346

–1 080

32 249

Intra-group transactions (ceded)

–192

 

–288

–600

1 080

0

Gross premiums written before retrocession to external parties

15 907

11 942

3 654

746

 

32 249

Retrocession to external parties

–204

–1 413

–160

–30

 

–1 807

Net premiums written

15 703

10 529

3 494

716

0

30 442

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2016
USD millions

Property & Casualty Reinsurance

Life & Health Reinsurance

Corporate Solutions

Life Capital

Consoli­dation

Total

1

As of 1 January 2016, the primary life and health insurance business (individual and group) is reported in the Life Capital segment instead of the Life & Health Reinsurance segment. Comparative information for 2015 has been adjusted accordingly.

Gross premiums written, thereof:

 

 

 

 

 

 

Direct

 

45

3 056

1 317

 

4 418

Reinsurance

17 862

12 210

960

172

 

31 204

Intra-group transactions (assumed)

287

546

139

 

–972

0

Gross premiums written

18 149

12 801

4 155

1 489

–972

35 622

Intra-group transactions (ceded)

–139

 

–287

–546

972

0

Gross premiums written before retrocession to external parties

18 010

12 801

3 868

943

 

35 622

Retrocession to external parties

–242

–1 342

–206

–262

 

–2 052

Net premiums written

17 768

11 459

3 662

681

0

33 570