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
excl. COVID-192

Consolidated Group (Total)

Net premiums earned and fee income
(USD millions)

38 594

40 770

 
 

Net income/loss
(USD millions)

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
(USD millions)

29 251

27 135

30 188

  Book value per share (USD) 100.64 93.90 104.47

P&C Reinsurance

Net premiums earned
(USD millions)

19 275

20 832

 
 

Net income/loss
(USD millions)

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
(USD millions)

13 004

13 883

 
 

Net income
(USD millions)

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
(USD millions)

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
(USD millions)

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
Reinsurance

L&H
Reinsurance

Corporate
Solutions

Life
Capital

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