Performance - Swiss Re 2018 Financial Condition Report

	Total		Life		Accident, health		Motor		Marine, aviation, transport		Property		Casualty		Miscellaneous
CHF millions	2017	2018	2017	2018	2017	2018	2017	2018	2017	2018	2017	2018	2017	2018	2017	2018
Premiums written gross	22 529	18 277	4 431	4 238	2 925	3 172	3 702	2 646	714	651	6 769	5 289	2 626	1 521	1 362	760
Premiums written retroceded	–3 822	–4 041	–810	–826	–436	–372	–639	–548	–120	–161	–1 573	–1 812	–103	–165	–141	–157
Premiums written net	18 707	14 236	3 621	3 412	2 489	2 800	3 063	2 098	594	490	5 196	3 477	2 523	1 356	1 221	603
Change in unearned premiums gross	–918	1 602	–3	–4	10	19	–94	389	–15	75	–936	564	119	345	1	214
Change in unearned premiums retroceded	–368	–40	1	–1	–9	–13	–216	–16	–17	1	–91	–47	–45	27	9	9
Premiums earned	17 421	15 798	3 619	3 407	2 490	2 806	2 753	2 471	562	566	4 169	3 994	2 597	1 728	1 231	826
Other reinsurance revenues	1 439	1 933	1 172	1 656	192	119	23	25	2	2	–20	31	42	59	28	41
Total revenues from reinsurance business	18 860	17 731	4 791	5 063	2 682	2 925	2 776	2 496	564	568	4 149	4 025	2 639	1 787	1 259	867
Claims paid and claim adjustment expenses gross	–10 547	–18 009	–2 983	–6 488	–1 732	–2 069	–1 667	–2 378	–350	–562	–1 968	–4 543	–1 370	–1 552	–477	–417
Claims paid and claim adjustment expenses retroceded	–2 189	3 350	–3 460	856	–639	359	573	418	146	106	998	1 438	125	120	68	53
Change in unpaid claims and life and health benefits gross	–5 374	2 192	–1 028	2 845	–111	–754	–1 074	316	–236	145	–2 140	–290	–459	135	–326	–205
Change in unpaid claims and life and health benefits retroceded	5 012	678	3 975	34	873	–48	–151	–134	–16	26	368	813	–65	–44	28	31
Change in unpaid claims for unit-linked life insurance
Claims incurred	–13 098	–11 789	–3 496	–2 753	–1 609	–2 512	–2 319	–1 778	–456	–285	–2 742	–2 582	–1 769	–1 341	–707	–538
Acquisition and operating costs gross	–6 128	–5 378	–1 051	–865	–856	–862	–1 240	–1 157	–169	–190	–1 494	–1 377	–884	–624	–434	–303
Acquisition and operating costs retroceded	1 088	995	84	98	103	112	436	283	48	48	321	357	55	51	41	46
Acquisition and operating costs net	–5 040	–4 383	–967	–767	–753	–750	–804	–874	–121	–142	–1 173	–1 020	–829	–573	–393	–257
Other reinsurance expenses	–878	–1 545	–735	–1 320	–120	–200	–5	–5	–2		–15	–21	–1	1
Total expenses from reinsurance business	–19 016	–17 717	–5 198	–4 840	–2 482	–3 462	–3 128	–2 657	–579	–427	–3 930	–3 623	–2 599	–1 913	–1 100	–795
Investment income	3 246	2 777
Investment expenses	–317	–466
Investment result	2 929	2 311
Investment result from unit-linked life insurance
Other financial income	2 300	1 356
Other financial expenses	–2 559	–1 539
Operating result	2 514	2 142
Interest expenses on debt and subordinated liabilities	–408	–421
Other income	73	82
Other expenses	–552	–416
Extraordinary income and expenses	–226
Income before income tax expense	1 401	1 387
Income tax expense	–192	–156
Net income	1 209	1 231