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Swiss Re

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1443: 1287: 122: 493: 49: 570: 2200: 276: 259: 242: 225: 584: 357:, Switzerland. Two-thirds of the town was reduced to rubble and ashes and around 3,000 inhabitants were made homeless. The damage to Glarus exceeded the reserves of the cantonal fire insurance, which had underinsured many cantonal buildings: the resulting loss was covered by donations, as well as a bond issue by the cantonal government. Similarly to the 40: 424:
in America was excessive; together with increased damages from natural catastrophes, profits were well below the US$ 1.8 billion estimate. Swiss Re was able to make up for some of its losses due to its increased property business. At the same time, the board of directors assured investors that the
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Swiss Re's Admin Re subsidiary began with the acquisition on 1 July 2004 of Life Assurance Holding Corporation in the UK. On 31 October 2008, Swiss Re completed a ÂŁ762 million acquisition of Barclays PLC's subsidiary Barclays Life Assurance Company Ltd. In June 2014, the company, through Admin Re,
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Swiss Re is headquartered in Mythenquai, ZĂĽrich. Six buildings form Campus Mythenquai, with its historic headquarters being in the Altbau which was built in 1913. The majority of Swiss Re's headquarters staff are located in the adjacent Swiss Re Next building.
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In December 2023, Swiss Re announced it had acquired research-led flood risk intelligence firm Fathom, which would retain its brand while working closely with the Reinsurance Solutions division to further develop and distribute its flood maps and models.
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Swiss Re confirmed on Monday that it had sold the distinctive Gherkin building in the City of London for ÂŁ600m to a joint venture between German property group IVG Immobilien AG and Evans Randall, the Mayfair based private investment
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In February 2022, it was announced that Swiss Re had acquired Champlain Reinsurance Company (Champlain Re), a Swiss-based run-off reinsurance captive of Alcan Holdings Switzerland AG, a member of
380:. In October 2006, the New York appeals court ruled in favor of Swiss Re, stating that the destruction of the twin towers was a single event rather than two, limiting coverage to $ 3.5 billion. 2621: 771: 1431: 1275: 2631: 1638: 992: 1409: 1253: 1014: 420:, in a legacy transaction. Later that month, Swiss Re declared a net profit of US$ 1.6 billion, in a bounce back from previous losses in 2020. Still, the exposure to 946: 801: 426: 823: 97: 113: 413:
Life (UK) Limited worth ÂŁ4.2 billion. The Admin Re business, which was renamed ReAssure, was eventually sold to Phoenix Group Holdings for ÂŁ3.2bn in July 2020.
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invested $ 2.6 billion when Swiss Re raised more equity capital after it lost 6 billion francs in its financial market operations in the
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in 1842, which led to the foundation of the first professional reinsurers in Germany, the fire of Glarus made Swiss insurers demand more
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coverage against catastrophic loss. As a result, Swiss Re was founded in ZĂĽrich as the first Swiss reinsurance company in 1863.
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Swiss Re acquired the GE Insurance Solutions property/casualty business in 2006, which made it the world's largest reinsurer.
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In April 2024, Swiss Re appointed Andreas Berger as Group CEO, effective 1 July 2024 replacing
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Swiss Re's leadership consists of the Board of Directors and the Group Executive Committee.
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tower, which opened on 25 May 2004. The landmark London skyscraper, designed by architect
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and popularly known as "the gherkin", was sold in February 2007 for over ÂŁ600 million to
2452: 2067: 1964: 1939: 1909: 1894: 1736: 1530: 1353: 1157: 993:"Swiss Re completes GBP 762 million acquisition of Barclays Life Assurance Company Ltd" 868: 513: 505: 387: 2605: 2511: 2162: 2122: 2072: 2057: 2012: 1934: 1869: 1711: 1701: 84: 17: 2404: 2087: 1796: 1726: 1489: 1323: 554: 746: 394:. Berkshire Hathaway already owns a 3% stake, with rights to own more than 20%. 2547: 2434: 2352: 2132: 2042: 1954: 1652: 1515: 1442: 1338: 1286: 362: 323: 205: 191: 1969: 1959: 1929: 1889: 1854: 1811: 1751: 1590: 1575: 1378: 565: 234: 60: 721: 2470: 2398: 2152: 1997: 1721: 1648: 1600: 1565: 1535: 1358: 1139: 545: 209: 1520: 1343: 327: 167: 2304: 2117: 2062: 1924: 1904: 1746: 1668: 1585: 1550: 1525: 1510: 1484: 1388: 1348: 1333: 1318: 1037:"Swiss Re completes sale of ReAssure to Phoenix Group - Reinsurance News" 524:
Swiss Re has two offices in New York, its Manhattan office is located in
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On 10–11 May 1861, more than 500 houses went up in flames in the town of
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10 billion, with Swiss Re having the most exposure among reinsurers.
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by Mediacorp Canada, Inc., in October 2008, as announced by the
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International Credit Insurance & Surety Association (ICISA)
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AG of Germany and the Evans Randall property investment firm.
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Companies in the S&P Europe 350 Dividend Aristocrats
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company is only minimally exposed to losses during the
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Haig Simonian, Francesco Guerrera (5 February 2009).
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Swiss Re Group operates through four business units:
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Zurich Insurance plc, Niederlassung fĂĽr Deutschland
2100: 1988: 1845: 1667: 1660: 293: 283: 266: 249: 232: 219: 201: 174: 163: 145: 137: 129: 112: 82: 70: 58: 1201: 909: 2622:Financial services companies established in 1863 2341:China National Investment & Guaranty Company 934:"Bernstein's Fort McMurray Insurance Assessment" 528:. The larger of the two offices is located in 2228: 1632: 1425: 1269: 326:company founded in 1863 and headquartered in 141:Schweizerische RĂĽckversicherungs-Gesellschaft 8: 32: 911:"Swiss Re turns to Buffett for new funding" 2632:Companies listed on the SIX Swiss Exchange 2235: 2221: 2213: 2199: 1664: 1639: 1625: 1617: 1432: 1418: 1410: 1276: 1262: 1254: 936:. Benzinga Ratings. Retrieved 13 May 2016. 120: 38: 31: 334:Global 2000 list and ranked 316th on the 722:"Swiss Re | Company Overview & News" 631: 629: 627: 625: 623: 838:"Swiss Re wins World Trade Center case" 619: 2423:The Guarantee Company of North America 2128:General Insurance Corporation of India 1975:Varma Mutual Pension Insurance Company 1837:Western & Southern Financial Group 1203:"Swiss Re confirms ÂŁ600m Gherkin sale" 977:: CS1 maint: archived copy as title ( 970: 922:from the original on 10 December 2022. 540:Swiss Re has two Canadian offices, in 1216:from the original on 10 December 2022 794:"Glarus: losses and insurance issues" 532:and overlooks the Kensico reservoir. 409:acquired the UK pensions business of 7: 1792:Ohio National Life Insurance Company 747:"Swiss Re | 2023 Fortune Global 500" 470:who has been Group CEO since 2016. 2637:Companies in the Swiss Market Index 2204:List of largest insurance companies 1777:Nationwide Mutual Insurance Company 445:Property & Casualty Reinsurance 401:caused estimated damages of up to 368:Swiss Re was a lead insurer of the 341:in 2023. Swiss Re is listed on the 2612:Insurance companies of Switzerland 603:Institute of International Finance 25: 2536:Seoul Guarantee Insurance Company 2138:Instituto de Resseguros do Brasil 1095:Gallin, Luke (14 December 2023). 999:. 31 October 2008. Archived from 826:from the original on 1 June 2023. 820:Kaleidoscope of Insurance History 804:from the original on 1 June 2023. 798:Kaleidoscope of Insurance History 2198: 1441: 1285: 1158:"Our leadership | Swiss Re" 889:Jolly, David (5 February 2009). 816:"Swiss Re sees the light of day" 582: 568: 399:Fort McMurray Canadian wildfires 275: 274: 258: 257: 241: 240: 224: 223: 47: 2590:Zurich Global Corporate, Surety 2560:Tokio Marine & Nichido Fire 2347:China Pacific Insurance Co. Ltd 2008:China Pacific Insurance Company 1782:New York Life Insurance Company 550:Greater Toronto's Top Employers 311:Footnotes / references 863:Ligi, Antonio (12 June 2006). 451:Global Clients & Solutions 262:US$ 179.576 billion (end 2023) 1: 1085:. Retrieved 28 February 2022. 496:Swiss Re office in London, UK 448:Life & Health Reinsurance 279:US$ 16.371 billion (end 2023) 2158:Reinsurance Group of America 2003:China Life Insurance Company 1692:American International Group 2269:Afianzadora Latinoamericana 526:1301 Avenue of the Americas 2658: 2028:Life Insurance Corporation 53:Headquarters at Mythenquai 2459:Lombard Insurance Company 2429:Groupama Assurance-CrĂ©dit 2252: 2186: 2038:MS&AD Insurance Group 1687:American Family Insurance 1455: 1299: 1140:"Our business - Swiss Re" 504:office is located in the 309: 228:US$ 49.954 billion (2023) 46: 37: 27:Swiss reinsurance company 1450:companies of Switzerland 1294:companies of Switzerland 245:US$ 3.214 billion (2023) 2263:Acredia Versicherung AG 2194:ranking by Total Assets 1802:Progressive Corporation 676:"Financial Report 2022" 637:"Financial Report 2023" 392:Global Financial Crisis 151:; 160 years ago 2578:Zurich Insurance Group 2530:SCOR Global P&C SE 2083:Taikang Life Insurance 1980:Zurich Insurance Group 1875:Assicurazioni Generali 1606:Zurich Insurance Group 1399:Zurich Insurance Group 497: 378:Silverstein Properties 190:Jacques de Vaucleroy ( 183:Andreas Berger (Group 2617:Reinsurance companies 2265:(ex-Prisma) (Austria) 495: 468:Christian Mumenthaler 149:19 December 1863 18:Swiss Reinsurance Co. 2586:Zurich North America 2023:Kyobo Life Insurance 1807:Prudential Financial 782:on 6 September 2008. 658:"Annual Report 2022" 608:World Economic Forum 374:September 11 attacks 2566:Travelers Insurance 2387:Ducroire/Delcredere 1950:RSA Insurance Group 1787:Northwestern Mutual 1772:National Life Group 1212:. 5 February 2007. 1003:on 4 February 2009. 916:The Financial Times 479:ZĂĽrich headquarters 454:Corporate Solutions 372:at the time of the 285:Number of employees 34: 2143:Korean Reinsurance 2108:Arch Capital Group 2018:Great Eastern Life 1945:Royal London Group 1822:UnitedHealth Group 1817:Sun Life Financial 1742:Markel Corporation 1697:Berkshire Hathaway 1448:Swiss Leader Index 1292:Swiss Market Index 1061:. 18 February 2022 932:W. Duggan (2016). 895:The New York Times 598:Geneva Association 576:Switzerland portal 498: 437:Business structure 370:World Trade Center 343:SIX Swiss Exchange 133:Insurance services 118:CH0126881561  103:Swiss Market Index 76:Aktiengesellschaft 2599: 2598: 2441:HCC International 2210: 2209: 2196: 2148:Lloyd's of London 2096: 2095: 2053:Ping An Insurance 2033:Meiji Yasuda Life 1762:Mutual of America 1717:CUNA Mutual Group 1614: 1613: 1407: 1406: 844:. 19 October 2006 397:In May 2016, the 317: 316: 289:14,408 (end 2022) 16:(Redirected from 2649: 2542:SID First Credit 2237: 2230: 2223: 2214: 2202: 2201: 2188: 2078:T&D Holdings 2048:Income Insurance 1665: 1641: 1634: 1627: 1618: 1446: 1445: 1434: 1427: 1420: 1411: 1290: 1289: 1278: 1271: 1264: 1255: 1248: 1247: 1236: 1230: 1229: 1223: 1221: 1205: 1198: 1192: 1191: 1189: 1187: 1172: 1166: 1165: 1154: 1148: 1147: 1136: 1130: 1129: 1118: 1112: 1111: 1109: 1107: 1101:ReinsuranceNe.ws 1092: 1086: 1077: 1071: 1070: 1068: 1066: 1059:ReinsuranceNe.ws 1051: 1045: 1044: 1041:ReinsuranceNe.ws 1033: 1027: 1026: 1024: 1022: 1017:. London Mercury 1011: 1005: 1004: 989: 983: 982: 976: 968: 966: 964: 958: 952:. Archived from 951: 943: 937: 930: 924: 923: 913: 905: 899: 898: 886: 880: 879: 877: 875: 860: 854: 853: 851: 849: 842:SWI swissinfo.ch 834: 828: 827: 812: 806: 805: 790: 784: 783: 778:. 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2427: 2424: 2421: 2418: 2415: 2412: 2411:Fianzas Atlas 2409: 2406: 2403: 2401:(Switzerland) 2400: 2397: 2394: 2391: 2388: 2384: 2381: 2378: 2375: 2372: 2369: 2366: 2363: 2360: 2357: 2354: 2351: 2348: 2345: 2342: 2339: 2336: 2333: 2331:(Switzerland) 2330: 2327: 2324: 2321: 2319:(Switzerland) 2318: 2315: 2312: 2309: 2307:(Netherlands) 2306: 2303: 2301:(Switzerland) 2300: 2297: 2294: 2291: 2288: 2285: 2282: 2279: 2276: 2273: 2270: 2267: 2264: 2261: 2258: 2255: 2254: 2251: 2246: 2238: 2233: 2231: 2226: 2224: 2219: 2218: 2215: 2205: 2195: 2193: 2190:Methodology: 2185: 2179: 2176: 2174: 2171: 2169: 2166: 2164: 2163:RenaissanceRe 2161: 2159: 2156: 2154: 2151: 2149: 2146: 2144: 2141: 2139: 2136: 2134: 2131: 2129: 2126: 2124: 2123:Everest Group 2121: 2119: 2116: 2114: 2111: 2109: 2106: 2105: 2103: 2099: 2089: 2086: 2084: 2081: 2079: 2076: 2074: 2073:Sumitomo Life 2071: 2069: 2066: 2064: 2061: 2059: 2058:QBE Insurance 2056: 2054: 2051: 2049: 2046: 2044: 2041: 2039: 2036: 2034: 2031: 2029: 2026: 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Index

Swiss Reinsurance Co.


Trade name
Aktiengesellschaft
Traded as
SIX
SREN
Swiss Market Index
ISIN
Edit this on Wikidata
ZĂĽrich
CEO
Chairman
Reinsurance
insurance
asset management
Net income
Total assets
Total equity
www.swissre.com
reinsurance
ZĂĽrich
Forbes
Fortune Global 500
SIX Swiss Exchange
Glarus
fire of Hamburg
reinsurance
World Trade Center

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