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 FY 2020 performance1
| |
FY 2019 |
FY 2020 |
FY 2020 |
|
|---|---|---|---|---|
|
Consolidated Group (Total) |
Net premiums earned and fee income |
38 594 |
40 770 |
|
|
Net income/loss |
727 | –878 |
2 175 |
|
| Return on equity (%) |
2.5 |
–3.1 |
7.3 |
|
| Return on investments (%) |
4.7 |
3.5 |
||
| Running yield (%) |
2.8 |
2.4 |
||
|
Shareholders’ equity |
29 251 |
27 135 |
30 188 |
|
| Book value per share (USD) | 100.64 | 93.90 | 104.47 | |
|
P&C Reinsurance |
Net premiums earned |
19 275 |
20 832 |
|
|
Net income/loss |
396 | –247 |
1 257 |
|
| Combined ratio (%) | 107.8 | 109.0 | 99.8 | |
| Return on equity (%) |
4.4 |
–2.8 |
13.2 |
|
|
L&H Reinsurance |
Net premiums earned and fee income |
13 004 |
13 883 |
|
|
Net income |
899 | 71 | 855 | |
| Return on equity (%) |
12.4 |
0.9 |
10.4 |
|
| Running yield (%) |
3.3 |
3.0 | ||
|
Corporate Solutions |
Net premiums earned (USD millions) |
4 166 |
4047 | |
| Net income/loss (USD millions) | –647 | –350 | 393 | |
| Combined ratio (%) | 127.9 | 116.5 | 93.2 | |
| Return on equity (%) | –34.1 | –17.4 |
16.5 |
|
|
Life Capital |
Net premiums earned and fee income |
2 149 |
1 984 |
|
| Net loss (USD millions) | –177 | –265 | –243 | |
| Return on equity (%) | –3.4 | –7.5 | –6.9 | |
|
Gross premiums written – open books |
1 790 |
2 171 |
1Presentation does not reflect the disbanding of the Life Capital Business Unit and related changes. The presentation will change for 2021.
2This column is for reference only and excludes the impact of claims and reserves established for COVID-19 and the associated estimated tax impacts.
Details of FY 2020 COVID-19 claims and reserves in USD millions
| |
P&C |
L&H |
Corporate |
Life |
Total |
|---|---|---|---|---|---|
| Event cancellation |
411 |
404 |
815 |
||
| Business interruption |
1 104 |
294 |
1 398 |
||
| Credit & surety |
53 |
198 |
251 |
||
| Mortality |
889 |
23 |
912 |
||
| Other lines |
342 |
110 |
47 |
4 |
503 |
| Total |
1 910 |
999 |
943 |
27 |
3 879 |