Confidence in the crisis: More US life insurers turn to Swiss Re
Now more than ever, we need each other.
When the pandemic challenged insurers in ways they couldn’t have imagined, they redoubled their commitment to their top reinsurer. But don’t take our word for it. Take it from one of the industry’s most authoritative sources – the 2020 NMG study of US Life & Health insurers.
Swiss Re was overwhelmingly named #1 reinsurer (as measured by NMG’s All Respondents Business Capability Index) in this year’s study of 158 insurance executives from 70 insurers. In fact, key clients have named us #1 for five straight years and key decision makers from all companies have done the same for four years running.
Swiss Re also earned the top spot for service satisfaction, partnership mindset and ease of doing business.
Life insurance is a relationship business, and never has that been more important. More respondents ranked Swiss Re #1 for Client Management, placing seven of our client managers in the top 10.
It’s also a trust business, and we want to thank our clients for putting their trust in our underwriting and claims support during these unprecedented times. Key clients named Swiss Re #1 in Underwriting Management, placing three of our underwriters in the top five, and gave us high marks for Claims Management three years straight.
Whether it’s capital management, portfolio optimization or product innovation, we live to help clients address the present and prepare for the future. More respondents said they are “most likely to use” Swiss Re as a lead reinsurer, than any other reinsurer. To our clients, we thank you for the recognition and will do everything we can to maintain that distinction.
Source: NMG 2020 US Market Individual Mortality survey