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 CultureF

Latest Updates

Employees (est.) (Jul 2021)13,189
Job Openings557
Revenue (FY, 2018)$37 B(-12%)
Share Price (Sept 2021)CHF81.8
Cybersecurity ratingAMore

Key People/Management at Swiss Re

Christian Mumenthaler

Christian Mumenthaler

Group Chief Executive Officer
Walter B. Kielholz

Walter B. Kielholz

Chairman of the Board of Directors
Sergio P. Ermotti

Sergio P. Ermotti

Chairman (Non-Executive, Independent)
Urs Baertschi

Urs Baertschi

Chief Executive Officer Reinsurance EMEA
Renato Fassbind

Renato Fassbind

Vice Chairman and Lead Independent Director (Non-Executive, Independent)
Matthias Grass

Matthias Grass

Chief Financial Officer Corporate Solutions
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Swiss Re Office Locations

Swiss Re has offices in Zürich, Adliswil, Rüschlikon, Alpharetta and in 42 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 (15-Sept-2021)

23.8b

Closing stock price (15-Sept-2021)

81.8

Cash (30-Jun-2019)

6.5b

EV

29.0b
Swiss Re's current market capitalization is CHF23.8 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

97/100

SecurityScorecard logo

Swiss Re Online and Social Media Presence

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Swiss Re Company Culture

  • Overall Culture

    F

    43/100

  • CEO Rating

    F

    40/100

  • Compensation

    A+

    100/100

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Swiss Re News and Updates

Swiss Re Corporate Solutions expands parametric tropical cyclone insurance with risk data provider Reask

ZURICH, Aug. 30, 2021 /PRNewswire/ -- Swiss Re Corporate Solutions has teamed up with Reask, a tropical cyclone risk analytics firm, to expand its parametric windstorm solution, STORM. The insurer will leverage Reask's advanced technological windspeed data to provide tropical cyclone...

Swiss Re Signed a $10 Million Carbon Capture Deal

Swiss Re Signed a $10 Million Carbon Capture Deal

Swiss Re Corporate Solutions appoints Marilyn Blattner-Hoyle to strengthen its Credit, Surety and Political Risk team

ZURICH, Aug. 10, 2021 /PRNewswire/ -- Swiss Re Corporate Solutions has announced the appointment of Marilyn Blattner-Hoyle as Global Head Trade Finance in its Global Credit & Surety unit, effective 18 August 2021. In this leadership role, she will be responsible for the origination and...

"Aureus Tech Systems and Swiss Re Transform Conventional CRM into a 360° Next Gen Customer Engagement Management Solution using Microsoft Azure Cloud and AI"

DENVER, July 20, 2021 /PRNewswire/ -- Microsoft releases the case study "Swiss Re Corporate Solutions Transforms its CRM into a 360-degree, Next-gen CEM Solution with Aureus." In the case study, Swiss Re Corporate Solutions (CorSo), the primary insurance arm of Swiss Re Group, selected...

PrimeOne Insurance Welcomes Former Swiss Re Exec as Chief Underwriting Officer

AGOURA HILLS, Calif., July 7, 2021 /PRNewswire/ -- PrimeOne Insurance Company, a privately held specialty commercial lines carrier, announced today the appointment of Darrin Hinman to Chief Underwriting Officer (CUO) beginning August 1, 2021. Hinman joins PrimeOne from Swiss Re where he...

Mega-Hurricane Risk Spurs Swiss Re Warning to Unprepared Canada

Mega-Hurricane Risk Spurs Swiss Re Warning to Unprepared Canada
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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, Walter B. Kielholz and Sergio P. Ermotti.

  • 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 42 other locations.

  • How many offices does Swiss Re have?

    Swiss Re has 56 offices.