Swiss Solvency Test (SST) archive



Overview of Swiss Solvency Test ratios:


Swiss Re
Group
Swiss Reinsurance
Company Ltd
Swiss Re Corporate
Solutions Ltd3
SST 2018 269% 252% 160%
SST 20171 262% 237% 170%
SST 20162 223% 219%
SST 2015 223% 217%
SST 2/2014 249% 244%
SST 1/2014 241% 232%
SST 2/2013 229% 205%
SST 1/2013 245% 224%
SST 2/2012 207% 202%
SST 1/2012 213% 226%
SST 2/2011 210% 227%
SST 1/2011 208% 236%
SST 2/2010 211% 237%
SST 1/2010 269% 305%
SST 2/2009 219% 257%
SST 1/2009 160% 192%

The SST ratio is a function of available and required capital based on an economic valuation of assets and liabilities with an integrated forward-looking assessment of underwriting, financial market and credit risk and, therefore, our SST ratio could fluctuate from reporting date to reporting date, and such fluctuations could be significant. SST ratios filed with our regulator are subject to the regulator’s review and approval of the internal model. See "Note on risk factors" and "Cautionary note on forward-looking statements" in our most recent annual or half-year report for factors that could affect the SST ratio.

1 Ratios calculated based on the changed FINMA methodology for calculating the SST ratio, which became effective on 1 January 2017.
2 Based on the changed FINMA methodology for calculating the SST ratio, the SST 2016 ratio for Swiss Re Ltd would have amounted to 261%, and the SST 2016 ratio for Swiss Reinsurance Company Ltd would have amounted to 237%.
3 SST ratios for Swiss Re Corporate Solutions Ltd disclosed from 2017 onwards.