OverviewSuggest Edit

Swiss Re is a wholesale provider of reinsurance, insurance, and other insurance-based forms of risk transfer for clients and brokers. It offers reinsurance products, insurance-based capital market instruments, risk management services, and risk transfer solutions, as well as manages closed and open life and health insurance books. The company serves insurance companies, mid-to-large-sized corporations, and public sector clients.

TypePublic
Founded1863
HQZürich, CH
Websiteswissre.com
Employee Ratings4
Overall CultureB

Latest Updates

Employees (est.) (May 2021)13,189
Job Openings508
Revenue (FY, 2018)$37 B(-12%)
Share Price (Jun 2021)CHF84.5
Cybersecurity ratingAMore

Key People/Management at Swiss Re

Christian Mumenthaler

Christian Mumenthaler

Group Chief Executive Officer
Urs Baertschi

Urs Baertschi

Chief Executive Officer Reinsurance EMEA
Renato Fassbind

Renato Fassbind

Vice Chairman and Lead Independent Director (Non-Executive, Independent)
Martin Müller

Martin Müller

Head Global Finance Transformation
Andreas Berger

Andreas Berger

Chief Executive Officer Corporate Solutions
Markus Stiefel

Markus Stiefel

Chief Operations Officer Corporate Solutions
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Swiss Re Office Locations

Swiss Re has offices in Zürich, Adliswil, Rüschlikon, Alpharetta and in 47 other locations
Zürich, CH (HQ)
Mythenquai 50
Adliswil, CH
Soodring 33
Rüschlikon, CH
Gheistrasse 37
Barangaroo, AU
Level 36, Tower Two International Towers Sydney 200 Barangaroo Avenue
Melbourne, AU
suite 1, level 15/330 Collins St
Vancouver, CA
666 Burrard St Suite 500
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Swiss Re Financials and Metrics

Swiss Re Revenue

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Swiss Re's revenue was reported to be $37.05 b in FY, 2018 which is a 12.8% decrease from the previous period.
USD

Revenue (H1, 2019)

24.4b

Gross profit (H1, 2019)

3.2b

Gross profit margin (H1, 2019), %

13%

Net income (H1, 2019)

962.0m

EBIT (H1, 2019)

1.4b

Market capitalization (11-Jun-2021)

24.4b

Closing stock price (11-Jun-2021)

84.5

Cash (30-Jun-2019)

6.5b

EV

29.6b
Swiss Re's current market capitalization is CHF24.4 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

43.8b42.5b37.0b

Revenue growth, %

(3%)(13%)

Cost of goods sold

35.5b38.1b32.5b

Gross profit

8.3b4.4b4.5b
Half Year
USDH1, 2017H1, 2018H1, 2019

Revenue

20.2b19.0b24.4b

Cost of goods sold

16.8b15.9b21.2b

Gross profit

3.4b3.2b3.2b

Gross profit Margin, %

17%17%13%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

9.0b6.8b6.0b

Accounts Receivable

20.7b21.8b20.8b

Goodwill

4.0b4.2b4.1b

Total Assets

215.1b222.5b207.6b
Half Year
USDH1, 2017H1, 2018H1, 2019

Cash

7.4b6.8b6.5b

Accounts Receivable

22.8b23.8b

Goodwill

22.6b4.1b4.1b

Total Assets

223.6b218.7b225.1b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

3.6b393.0m481.0m

Depreciation and Amortization

643.0m542.0m331.0m

Cash From Operating Activities

6.1b1.3b1.6b

Cash From Investing Activities

1.6b2.8b3.5b
Half Year
USDH1, 2017H1, 2018H1, 2019

Net Income

1.2b1.0b962.0m

Depreciation and Amortization

252.0m269.0m267.0m

Cash From Operating Activities

1.3b559.0m3.4b

Cash From Investing Activities

768.0m2.7b(1.9b)
USDFY, 2016

Revenue/Employee

3.1m

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

6 x
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Swiss Re Operating Metrics

FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019

Gross Premiums Written

$35.62 b$18.15 b$34.78 b$19.59 b$36.41 b$22.67 b

Premiums Earned and Fee Income

$33.23 b$16.2 b$33.71 b$16.83 b$34.46 b$18.16 b

Net Premiums Written

$33.57 b$16.82 b$32.32 b$18.33 b$34.04 b$21.36 b

Gross Premiums Written (Property and Casualty Reinsurance)

$18.15 b$9.4 b$16.54 b$9.57 b$16.55 b$12.41 b
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Swiss Re Acquisitions / Subsidiaries

Company NameDateDeal Size
IHC Risk SolutionsMarch 31, 2016$153 m
Guardian Financial ServicesJanuary 06, 2016$2.3 b
Ark Life Assurance Company
Claret Re Inc.
Compañía Aseguradora de Fianzas S.A. Confianza
CORE Reinsurance Company Limited
Elips Life AG
Elips Versicherungen AG
European Finance Reinsurance Company Ltd.
European International Reinsurance Company Ltd.
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Swiss Re Revenue Breakdown

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Swiss Re revenue breakdown by business segment: 11.0% from Corporate Solutions, 38.3% from Life and Health Reinsurance, 46.4% from Property and Casualty Reinsurance and 4.3% from Other

Swiss Re revenue breakdown by geographic segment: 21.3% from Asia-Pacific, 32.0% from Europe (including Middle East and Africa) and 46.6% from Americas

Human Capital Metrics

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Swiss Re Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Swiss Re Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Swiss Re Online and Social Media Presence

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Swiss Re Company Culture

  • Overall Culture

    B

    69/100

  • CEO Rating

    A+

    79/100

  • Compensation

    C

    61/100

  • Diversity

    B

    70/100

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Swiss Re News and Updates

Mega-Hurricane Risk Spurs Swiss Re Warning to Unprepared Canada

Mega-Hurricane Risk Spurs Swiss Re Warning to Unprepared Canada

Veoneer and Swiss Re enter partnership to further improve assessment and enhance development of ADAS technology

STOCKHOLM, April 20, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB) and insurance company Swiss Re are pooling their knowledge and vast experience on road safety technologies to further enhance the evaluation and development of advanced...

Swiss Re Corporate Solutions launches Elevate to improve the insurance experience for the middle market

NEW YORK, March 17, 2021 /PRNewswire/ -- Swiss Re Corporate Solutions launches Elevate to bring an easier, efficient and enjoyable insurance experience to the middle market. Swiss Re Corporate Solutions Elevate leverages technology to make the insurance buying process simpler for...

Swiss Re Corporate Solutions and Coalition Extend Strategic Agreement

SAN FRANCISCO, March 11, 2021 /PRNewswire/ -- Swiss Re Corporate Solutions, the commercial insurance unit of the Swiss Re Group, and Coalition, one of the leading providers of cyber insurance and security, today announced the extension of their strategic agreement to provide broad cyber...

Andrew Dougall appointed Global Head Casualty at Swiss Re Corporate Solutions

ZURICH, Feb. 17, 2021 /PRNewswire/ -- Swiss Re Corporate Solutions appoints Andrew Dougall as Global Head Casualty, effective 22 February 2021. In this leadership role, Mr. Dougall will be responsible for driving the success and overall profitability of the Bespoke Casualty portfolio...

Tina Baacke joins Swiss Re Corporate Solutions as Global Head Risk Engineering Services

ZURICH, Nov. 24, 2020 /PRNewswire/ -- Swiss Re Corporate Solutions appoints Tina Baacke as Global Head Risk Engineering Services, effective 1 January 2021. In this role, Ms. Baacke will be responsible for leading a global team of experts that provides risk knowledge, data insights, tools...
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Swiss Re Frequently Asked Questions

  • When was Swiss Re founded?

    Swiss Re was founded in 1863.

  • Who are Swiss Re key executives?

    Swiss Re's key executives are Christian Mumenthaler, Urs Baertschi and Renato Fassbind.

  • How many employees does Swiss Re have?

    Swiss Re has 13,189 employees.

  • What is Swiss Re revenue?

    Latest Swiss Re annual revenue is $37 b.

  • What is Swiss Re revenue per employee?

    Latest Swiss Re revenue per employee is $2.8 m.

  • Who are Swiss Re competitors?

    Competitors of Swiss Re include Reinsurance Group of America, Gen Re and Allied World Assurance.

  • Where is Swiss Re headquarters?

    Swiss Re headquarters is located at Mythenquai 50, Zürich.

  • Where are Swiss Re offices?

    Swiss Re has offices in Zürich, Adliswil, Rüschlikon, Alpharetta and in 47 other locations.

  • How many offices does Swiss Re have?

    Swiss Re has 62 offices.