Financial highlights
For the years ended 31 December
Net income attributable to common shareholders (Group)
USD millions
727
2018: 421
Premiums earned and fee income (Group)
USD millions
38 594
2018: 34 461
Group results
Group resultsOur 2019 results were impacted by heavy natural catastrophe losses, our decisive management actions to reposition Corporate Solutions and increased claims in US casualty. On the other hand, we delivered an excellent investment result and strong performance in L&H Re, demonstrating the power of our diversified business model.
Christian Mumenthaler,
Group Chief Executive Officer
Financial year
Reinsurance
We are working with our clients and partners to increase resilience around the world by providing insurance coverage and developing new solutions for our society’s growing challenges.
Moses Ojeisekhoba
CEO Reinsurance
Reinsurance
Corporate Solutions
2019 was a difficult year for Corporate Solutions. However, we are actively managing risk exposure and correcting the price deficiencies to ensure a more focused and profitable portfolio going forward.
Andreas Berger
CEO Corporate Solutions
Corporate Solutions
Life Capital
2019 was a pivotal year for Life Capital. With the agreement to sell ReAssure, we took a definitive step in our transition to a B2B2C business focused on making insurance more accessible and affordable for people globally – both through our digital platform iptiQ and our Group Life & Health business, elipsLife.
Thierry Léger
CEO Life Capital
Life Capital
Swiss Re Institute
The insight from our R&D is the foundation to how we model and understand risk.
Edouard Schmid
Group Chief Underwriting Officer and Chairman Swiss Re Institute
Swiss Re Institute
Group Investments
Asset management delivered excellent value to the Group,supported by a high quality investment portfolio.
Guido Fürer
Group Chief Investment Officer
Group Investments
Services
Key Figure Comparison
Compare key 2019 figures to the figures from prior years.
Key figures comparisonOur Annual Report
Our annual report consists of the Business Report and the Financial Report:
Financial Report
This publication provides a more detailed account of our financial performance during the year and the market trends we observe. It also provides details on risk and capital management, as well as information on our governance and compensation.
What changed this year:
You can now find the following content in our 2019 Business Report: