Facts & figures

The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer.

Dealing direct 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.

Details of Q1 2020 performance

   

Q1 2019

Q1 2020

Q1 2020

Excluding COVID-191

Consolidated Group (Total)

Net premiums earned and fee income
(USD millions)

8 933

9 586

 
 

Net income/loss
(USD millions)

429

–225

158
 

Return on equity
(%, annualised)

5.9

–3.1

2.2
 

Return on investments
(%, annualised)

4.5 3.2  
 

Running yield
(%, annualised)

2.9

2.5  
   


31/12/19


31/03/20

 
 

Shareholders' equity
(USD millions)

29 251

27 979

 
 

Book value per share
(USD)
 

100.64 96.82  
   

Q1 2019

Q1 2020

Q1 2020

Excluding COVID-191

P&C Reinsurance

Net premiums earned
(USD millions)

4 238

4 737

 
 

Net income
(USD millions)

13 61 272
  Combined ratio (%) 110.3 110.8 105.5
 

Return on equity
(%, annualised)

0.6 3.0 13.2

L&H Reinsurance

Net premiums earned and fee income
(USD millions)

3 127

3 366

 
 

Net income
(USD millions)

328 299  
 

Running yield
(%, annualised)

3.4 3.1  
 

Return on equity
(%, annualised)

19.6 15.8  

Corporate Solutions

Net premiums earned
(USD millions)

1 020

986  
 

Net income/loss
(USD millions)

–55

–167

5
 

Combined ratio (%)

116.3 125.8 103.2
 

Return on equity
(%, annualised)

–12.1

–35.1

1.0

Life Capital

Net premiums earned and fee income
(USD millions)

548 497  
 

Net income/loss
(USD millions)

7

–261

 
 

Return on equity
(%, annualised)

0.5

–21.1

 
 

Gross premiums written – open books
(USD millions)

1148 1356  

1This column is for reference only and excludes the impact of the reserves established for COVID-19-related claims, including estimated tax impacts.