Swiss Reinsurance Company

Introduction

Swiss Reinsurance Company (Swiss Re or 'the group') is the world's largest reinsurer. This profile offers a comprehensive review of Swiss Re's operations and performance.

Scope

• Contains corporate strategy, value chain presence and SWOT Analysis
• Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors
• Includes information on suppliers/ partners, shareholding structure and key employees with biographies

Highlights

Swiss Re' has a diversified business mix, which is evident from the premiums earned in 2006. In 2006, 61% of group gross premiums earned were from the non-life business and 39% from life and health. Of non-life gross premiums earned in 2006, 35% was property business, 26% liability, 11% motor, and 28% other lines.

The group acquired GE Insurance Solutions (GEIS), which was the fifth largest reinsurer, worldwide, at the time of the acquisition, in June 2006. This acquisition made Swiss Re the world's largest and most diversified reinsurer. The GEIS acquisition is expected to generate cost synergies of at least $300 million per year.

Swiss Re displaced Munich Re for the top position in AM Best's 2007 ranking of the top 35 global reinsurance groups, based on 2006 gross premium written. In 2006, the group's gross written premiums amounted to CHF31,796 million ($25,391.0 million), a rise of 8% over 2005.

Reasons to Purchase

• Access all the important information and analysis on the company in a single report
• Understand company's strengths, weaknesses, opportunities and threats along with business strategy and value chain
• Gain access to company's adjusted five year financial data along with key ratios and market capitalization