Swiss Re
Corporate Solutions Ltd
Management summary
Swiss Re Corporate Solutions Ltd (SRCS) profitability in 2018 was impacted by underwriting performance, driven by an increase in severity and frequency of large man-made losses as well as unfavourable prior-year developments. In line with developments during 2018, the SST ratio of SRCS decreases by 23 points to 137%.
This Report provides qualitative and quantitative information about the financial condition of SRCS. This Report includes financial information already published in SRCS’s 2018 Annual Report (available on www.swissre.com).
Business activities
In this section, we provide information about the business model, the strategy and significant events. Read more
Performance
We present the performance of the year under review based on the Swiss statutory income statement. Read more
Governance and risk management
This section provides an overview of the system of governance, key governing bodies, risk management systems and policies. Read more
Risk profile
The main components of the total risk calculated under SST are discussed in this section. Read more
Valuation
In this section, we provide the SST balance sheet and additional quantitative and qualitative explanations on differences to the audited statutory financial statements of SRCS. Read more
Capital management
The capital management strategy of SRCS and key changes in 2018 are discussed in this section. Read more
Solvency
This section presents SRCS’s SST calculation and includes explanation on changes compared to the prior year. Read more