Financial highlights
For the years ended 31 December
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USD millions, unless otherwise stated |
2017 |
2018 |
Change in % |
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|
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Group |
|
|
|
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Net income attributable to common shareholders |
331 |
421 |
27 |
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Gross premiums written |
34 775 |
36 406 |
5 |
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Premiums earned and fee income |
33 705 |
34 461 |
2 |
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Earnings per share in CHF |
1.02 |
1.34 |
32 |
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Common shareholders’ equity |
33 374 |
27 930 |
–16 |
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Return on equity in %1 |
1.0 |
1.4 |
|
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Return on investments in % |
3.9 |
2.8 |
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Net operating margin in % |
2.8 |
2.9 |
|
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Number of employees2 |
14 485 |
14 943 |
3 |
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Property & Casualty Reinsurance |
|
|
|
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Net income/loss attributable to common shareholders |
–413 |
370 |
— |
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Gross premiums written |
16 544 |
16 545 |
0 |
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Premiums earned |
16 667 |
16 095 |
–3 |
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Combined ratio in % |
111.5 |
104.0 |
|
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Net operating margin in % |
–1.3 |
4.3 |
|
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Return on equity in %1 |
–3.5 |
3.7 |
|
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Life & Health Reinsurance |
|
|
|
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Net income attributable to common shareholders |
1 092 |
761 |
–30 |
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Gross premiums written |
13 313 |
14 527 |
9 |
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Premiums earned and fee income |
11 980 |
12 835 |
7 |
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Net operating margin in % |
13.1 |
9.4 |
|
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Return on equity in %1 |
15.3 |
11.1 |
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Corporate Solutions |
|
|
|
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Net loss attributable to common shareholders |
–741 |
–405 |
–45 |
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Gross premiums written |
4 193 |
4 694 |
12 |
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Premiums earned |
3 651 |
3 925 |
8 |
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Combined ratio in % |
133.4 |
117.5 |
|
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Net operating margin in % |
–23.5 |
–11.1 |
|
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Return on equity in %1 |
–32.2 |
–19.4 |
|
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Life Capital |
|
|
|
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Net income attributable to common shareholders |
161 |
23 |
–86 |
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Gross premiums written |
1 761 |
2 739 |
56 |
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Premiums earned and fee income |
1 407 |
1 606 |
14 |
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Gross cash generation3 |
998 |
818 |
–18 |
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Net operating margin in % |
10.9 |
3.9 |
|
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Return on equity in %1 |
2.2 |
0.4 |
|
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