- Business
- Swiss Re AG (SREN.SW), founded in 1863 and headquartered in Zurich, Switzerland, provides reinsurance, insurance, and insurance-linked risk transfer solutions worldwide through approximately 70 offices across 29 countries. The company operates via three core business units: Property & Casualty Reinsurance (P&C Re), which offers indemnity- and index-based reinsurance for property, casualty, specialty risks including engineering, agriculture, marine, aviation, natural catastrophes, and insurance-linked securities; Life & Health Reinsurance (L&H Re), encompassing mortality, longevity, disability, annuity, critical illness, medical reimbursement products, and risk management services for healthcare and financial protection; and Corporate Solutions, delivering customized property, casualty, accident & health, specialty insurance covers, international programs, and alternative risk transfer to medium- and large-sized corporations in over 150 jurisdictions. Swiss Re manages a diversified investment portfolio exceeding USD 270 billion, focusing on government bonds, credit bonds, mortgages, equities, and alternatives to generate sustainable income. Recent developments include the completion of iptiQ divestitures, such as the sale of its European P&C business to Allianz Direct in 2025 and Australian operations to Hannover Re, alongside a management buyout of iptiQ Americas Sales Solutions and the sale of its stake in Definity Financial; leadership changes with Andreas Berger assuming the Group CEO role in July 2024 and the consolidation of insurance-linked securities investment management under Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC); and strong financial performance with net income of USD 4.0 billion for the first nine months of 2025.