[WorldKings - World Almanac Event 2020] 157th year anniversary of the establishment of Swiss Reinsurance Company Ltd (December 19, 1863 – December 19, 2020)

19-12-2020

(Worldkings.org) The Swiss Reinsurance Company of Zurich was founded on 19 December 1863 by the Helvetia General Insurance Company (now known as Helvetia Versicherungen) in St. Gallen, the Schweizerische Kreditanstalt (Credit Suisse) in Zurich and the Basler Handelsbank (predecessor of UBS AG) in Basel.

Swiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world's largest reinsurer. It acquired GE Insurance Solutions in 2006. Founded in 1863, Swiss Re operates through offices in more than 25 countries. Swiss Re was ranked 118th in Forbes 2000 Global leading companies 2016. It was also ranked 313th in Fortune Global 500 in 2015.

The Swiss Reinsurance Company of Zurich was founded on 19 December 1863 by the Helvetia General Insurance Company (now known as Helvetia Versicherungen) in St. Gallen, the Schweizerische Kreditanstalt (Credit Suisse) in Zurich and the Basler Handelsbank (predecessor of UBS AG) in Basel.

The Group consists of the following three business units:

Reinsurance: Reinsurance is Swiss Re's largest business in income terms, providing about 80% of gross premiums in two segments: Property & Casualty and Life & Health.

Corporate Solutions: Markets insurance to mid-sized and multinational corporations around the world, with over 40 offices worldwide. Offerings range from standard risk transfer covers and multi-line programmes to highly customised arrangements.

Life Capital: Accepts closed books of in-force life and health insurance business, entire lines of business, or the entire capital stock of life insurance companies, enabling clients to divest non-core blocks of business, thus reducing administrative costs and freeing up capital.

According to en.wikipedia

 

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