Swiss Re at a glance
Our vision: We make the world more resilient.
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 2020, we had 81 office locations in 29 countries. Based on “net premiums earned and fee income from policyholders”, our ten biggest markets in 2020 were: the US, the UK, China, Australia, Japan, Canada, Germany, the Netherlands, Ireland and Switzerland. They accounted for approximately 78% 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
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Europe |
Americas |
Asia-Pacific |
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(including Middle East and Africa) |
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Net premiums earned and fee income in 2020 |
12.9 |
19.5 |
8.4 |
40.8 |
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(USD 12.0 billion |
(USD 18.2 billion |
(USD 8.4 billion |
(USD 38.6 billion |
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Number of office locations* |
28 |
39 |
14 |
81 |
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(34 in 2019) |
(33 in 2019) |
(13 in 2019) |
(80 in 2019) |
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Number of employees |
7 078 |
3 399 |
2 712 |
13 189 |
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(9 565 in 2019) |
(3 418 in 2019) |
(2 418 in 2019) |
(15 401 in 2019) |
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Our strategy
Our Group strategy helps us meet our financial targets and make the world more resilient.
You can get more information on our strategy in the Business Report 2020.
The Swiss Re Group as per end of 2020
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.
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.
Life Capital
Life Capital supported and incubated entities in the B2B2C primary business, B2B corporate business and the closed book consolidation space. Following the successful sale of ReAssure, the Life Capital Business Unit disbanded at the end of 2020. Corporate Solutions has assumed responsibility for elipsLife, while iptiQ is now operating as a standalone division.
Operational Group structure
* The Group CLO reports with a dual reporting line to the Group CEO and the Group COO.
** Group Legal is not a Group Function.
*** Disbanded at the end of December 2020. Effective 1 January 2021: iptiQ Division. For more details please refer to Financial Report 2020.