Swiss Re
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{{Infobox Company | company_name = Swiss Re | company_logo = Image:SwissRe logo.gif | company_type = Aktiengesellschaft | foundation = December 19, 1863 | location = Zurich, Switzerland | key_people = | industry = Reinsurance | products = | revenue = 35,009,000,000 CHF | operating_income = | net_income = 1,451,000,000 CHF | num_employees = 8000 | homepage = http://www.swissre.com/ }} Image:30-St-Mary-Axe.jpg
Swiss Re is one of the world’s leading reinsurers and the world’s largest life and health reinsurer. It will become the world's largest reinsurer following its acquisition of GE Insurance Solutions, expected to be completed in mid-2006. The company currently employs around 8000 people in more than 70 offices in over 30 countries.
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History
Swiss Re was founded December 19, 1863 by the Helvetia General Insurance Company in St. Gall, the Schweizerische Kreditanstalt (Credit Suisse) in Zurich and the Basler Handelsbank in Basle.
Corporate Philosphy
Swiss Re's corporate philosphy, as described on their website, is as follows:
Mission
To be the authority on managing capital and risk.
Core Values
- Excellence
- We rely on profound knowledge and expertise in doing business.
- Efficiency
- We perform to optimum standards of quality and cost-effectiveness.
- Sustainability
- We strive for balance between economic, social and environmental development in society at large.
- Integrity
- We commit ourselves to honesty and ethical principles.
Major Offices
Corporate Headquarters
Swiss Re is headquartered in Zurich where the parent company’s main premise has stood on the shores of Lake Zurich since 1864.
Americas Headquarters
The Americas headquarters of Swiss Re are located in Armonk, New York on a 127-acre (52 hectares) site overlooking Westchester County’s picturesque Kensico Reservoir. The state-of-the-art facility, which houses more than 1,000 employees from the company’s Life & Health and Property & Casualty business units, was completed in 1999 and expanded in 2004.
London Headquarters
Its new London headquarters are located in the award-winning 30 St Mary Axe tower, which opened on May 25, 2004. 30 St Mary Axe is London's first environmentally sustainable tall building. Among the building's most distinctive features are its windows, which open to allow natural ventilation to supplement the mechanical systems for a good part of the year.
Other News
In the spirit of the core value of Sustainability, in October 2003 it announced that it would become a carbon neutral business within ten years.[1]