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2016 Corporate Responsibility Report

Who we are and what we do

Our vision: We make the world more resilient.

Swiss Re at a glance

The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing directly and working through brokers, our global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, we deploy our capital strength, expertise and innovation power to enable the risk-taking upon which enterprise and progress in society depend.

Working with our clients and partners, we help to protect assets and lives around the globe – for a resilient future.

Headquartered in Zurich, Switzerland, Swiss Re has operations across the world. At the end of 2016, we had over 80 office locations in more than 30 countries. Based on “net premiums earned and fee income from policy-holders”, our ten biggest markets in 2016 were: the United States, the United Kingdom, China, Australia, Germany, Canada, Japan, Switzerland, Ireland and France. They accounted for 79% of the Group’s total business over the year.

Swiss Re Ltd, the Group’s holding company, is a joint stock company, listed in accordance with the International Reporting Standard on the SIX Swiss Exchange, domiciled in Zurich, and organised under the laws of Switzerland. No other Group companies have shares listed.

Our global presence

 

Europe

Americas

Asia-Pacific

Total

 

 

(including Middle East and Africa)

 

 

 

 

 

 

 

 

 

 

*

Counting all Zurich premises as one location

 

 

 

 

 

 

Net premiums earned and fee income in 2016 (USD billions)

10.9

15.1

7.2

33.2

 

 

(USD 10.3 billion in 2015)

(USD 13.2 billion in 2015)

(USD 6.7 billion in 2015)

(USD 30.2 billion in 2015)

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of office locations as of 31 December 2016

28*

42

15

85

 

 

(24 in 2015)

(36 in 2015)

(15 in 2015)

(75 in 2015)

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of employees (regular staff) as of 31 December 2016

8 531

3 595

1 927

14 053

 

 

(7 689 in 2015)

(3 367 in 2015)

(1 711 in 2015)

(12 767 in 2015)

 

 

 

 

 

 

 

The Swiss Re Group

Reinsurance

Reinsurance is Swiss Re’s largest business in terms of income, providing about 85% of gross premiums and fee income through two segments – Property & Casualty and Life & Health. Reinsurance aims to extend Swiss Re’s industry-leading position with disciplined underwriting, prudent portfolio management and diligent client service.

Reinsurance – Crago ships at sea (photo)

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 more than 50 offices worldwide.

Corporate Solutions – Two men pointing at a display board (photo)

Life Capital

Life Capital manages closed and open life and health insurance books. The Business Unit provides alternative access to the life and health risk pool, helping to generate stable returns and seize attractive new opportunities. For our clients and partners, it provides a primary insurance balance sheet, efficient policy administration services, life and health expertise and knowledge for reaching more markets and offering new products.

Life Capital – Father and son hugging each other (photo)

Operational Group structure

Operational Group structure (diagram)

* Since 1 January 2016 Admin Re® is part of the Business Unit Life Capital.