Performance - Swiss Re 2018 Financial Condition Report

	Total		Life		Accident, health
CHF millions	2017	2018	2017	2018	2017	2018
Premiums written gross	740	1 410	320	714	420	696
Premiums written retroceded	–299	–881	–130	–498	–169	–383
Premiums written net	441	529	190	216	251	313
Change in unearned premiums gross	–67	0	–1		–66
Change in unearned premiums retroceded	66	0			66
Premiums earned	440	529	189	216	251	313
Other reinsurance revenues	571	514	508	491	63	23
Total revenues from reinsurance business	1 011	1 043	697	707	314	336
Claims paid and claim adjustment expenses gross	6 667	–1 356	5 345	–827	1 322	–529
Claims paid and claim adjustment expenses retroceded	–1 191	675	–773	409	–418	266
Change in unpaid claims and life and health benefits gross	–7 526	–82	–5 843	22	–1 683	–104
Change in unpaid claims and life and health benefits retroceded	1 305	59	810	–10	495	69
Change in unpaid claims for unit-linked life insurance
Claims incurred	–745	–704	–461	–406	–284	–298
Acquisition and operating costs gross	–124	–283	–59	–159	–65	–124
Acquisition and operating costs retroceded	28	128	11	77	17	51
Acquisition and operating costs net	–96	–155	–48	–82	–48	–73
Other reinsurance expenses	–163	–128	–92	–109	–71	–19
Total expenses from reinsurance business	–1 004	–987	–601	–597	–403	–390
Investment income	1	5
Investment expenses	–3	0
Investment result	–2	5
Investment result from unit-linked life insurance
Other financial income	0	0
Other financial expenses	0	0
Operating result	5	61
Interest expenses on debt and subordinated liabilities
Other income	0
Other expenses	–1	–8
Extraordinary income and expenses	0
Income before income tax expense	4	53
Income tax expense	–1	–11
Net income	3	42