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 2019, we had 80 office locations in more than 30 countries. Based on “net premiums earned and fee income from policyholders”, our ten biggest markets in 2019 were: the US, the UK, China, Australia, Japan, Germany, Canada, Switzerland, Ireland and France. They accounted for approximately 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 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 each location with offices once; not counting data centres

 

 

 

 

 

 

 

 

 

 

 

 

Net premiums earned
and fee income in 2019

(USD billions)

12.0

18.2

8.4

38.6

 

(USD 11.0 billion
in 2018)

(USD 16.1 billion
in 2018)

(USD 7.3 billion
in 2018)

(USD 34.5 billion
in 2018)

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of office locations*
as of 31 December 2019

34

33

13

80

 

(33 in 2018)

(34 in 2018)

(15 in 2018)

(82 in 2018)

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of employees
(regular staff)

as of 31 December 2019

9 565

3 418

2 418

15 401

 

(9 099 in 2018)

(3 624 in 2018)

(2 220 in 2018)

(14 943 in 2018)

 

 

 

 

 

 

 

Our strategy

Our Group strategy helps us meet our financial targets and to make the world more resilient.

You can get more information on our strategy in the 2019 Business Report.

The Swiss Re Group

Reinsurance

Reinsurance provides clients and brokers with reinsurance products, insurance-based capital market instruments and risk management services. Reinsurance operates globally through two segments – Property & Casualty and Life & Health.

Reinsurance – Worker in front of ruins (photo)

Corporate Solutions

Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Its innovative, highly customised products and standard insurance covers help to make businesses more resilient, while its industry-leading claims service provides additional peace of mind.

Corporate Solutions – Plane used for fire extinguishing (photo)

Life Capital

Life Capital supports and incubates entities in the B2B2C primary business, B2B corporate business as well as the closed book space.* As a key part of Swiss Re’s strategic growth plan, Life Capital provides alternative access to new Life & Health and Property & Casualty risk pools. It creates simple and transparent digital propositions that make insurance products simpler and more accessible, helping boost the business of our partners.

* Following completion of the sale of ReAssure, pending the required regulatory approvals, Life Capital will focus on its open book businesses.

Operational Group structure
Operational Group Stucture (organizational chart)

* The Group CLO reports with a dual reporting line to the Group CEO and the Group COO.

** Group Legal is not a Group Function.