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.

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

Details of H1 2020 performance

   

H1 2019

H1 2020

H1 2020

excl. COVID-191

Consolidated Group (Total)

Net premiums earned and fee income
(USD millions)

18 160

19 329

 
  Net income/loss (USD millions) 953

–1 135

865
 

Return on equity
(%, annualised)

6.6

–7.9

5.8

 

Return on investments
(%, annualised)

4.2

3.2

 
 

Running yield
(%, annualised)

2.9

2.5

 
   

31.12.2019

30.06.2020

 
 

Shareholders' equity
(USD millions)

29 251

27 933

29 933

 

Book value per share
(USD)

100.64 96.65 103.58
   

H1 2019

H1 2020

H1 2020

excl. COVID-191

P&C Reinsurance

Net premiums earned
(USD millions)

8 719

9 601

 
  Net income/loss (USD millions) 771

–519

646
  Combined ratio (%) 100.5 115.8 100.5
 

Return on equity
(%, annualised)

15.9

–12.8

14.9

L&H Reinsurance

Net premiums earned and fee income
(USD millions)

6 284

6 676

 
 

Net income
(USD millions)

459 74 516
 

Return on equity
(%, annualised)

13.1

1.8

12.4

 

Running yield
(%, annualised)

3.4

3.1

 

Corporate Solutions

Net premiums earned
(USD millions)

2 063

2 004

 
 

Net income/loss
(USD millions)

–403

–301

81
  Combined ratio (%) 132.8 122.6 98.4
 

Return on equity
(%, annualised)

–40.5

–29.6

7.3

Life Capital

Net premiums earned and fee income
(USD millions)

1 094

1 048

 
  Net income/loss (USD millions) 5

–217

–206

 

Return on equity
(%, annualised)

0.2

–8.0

–7.6

 

Gross premiums written – open books
(USD millions)

1 343

1 578

 

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