Search company, investor...

Predict your next investment

Swiss Re company logo
Corporation
FINANCE | Insurance / Reinsurance
swissre.com

Investments

38

Portfolio Exits

17

Funds

7

Partners & Customers

10

About Swiss Re

Swiss Re (SWX: SREN) provides reinsurance, insurance, and other forms of insurance-based risk transfer. The company covers both property and casualty as well as life and health insurance. Its client base consists of insurance companies, mid-to-large-sized corporations, and public sector clients. The company was founded in 1863 and is headquartered in Zurich, Switzerland.

Headquarters Location

Mythenquai 50/60

Zurich, 8022,

Switzerland

+41 43 285 2121

Want to inform investors similar to Swiss Re about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Research containing Swiss Re

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Swiss Re in 1 CB Insights research brief, most recently on Sep 7, 2022.

Latest Swiss Re News

US liability claims face mounting pressure from social inflation: Swiss Re

Oct 2, 2023

Reinsurance News The United States insurance industry is grappling with a persistent wave of social inflation, with liability claims costs surging by an annual average of 16% over the last five years, according to Swiss Re Institute. This trend far outpaces the average rates of economic inflation, which have hovered around 4%. As the economy shifts towards disinflation, the spotlight is now firmly on liability lines, where wages, healthcare expenditures, and social inflation are key drivers of claims severity. Social inflation, a phenomenon dating back to around 2015, remains a potent force in the insurance market. It is characterised by an increase in large verdicts and a broadening scope of mass tort claims. Liability claims have been on an unsustainable trajectory, with a 15% increase noted in 2022. Experts warn that there is no room for lapses in underwriting discipline. The last two years have been dominated by economic inflation, impacting personal lines insurers the most. For example, US car insurance prices increased by 19.1% year-on-year. Construction costs also peaked at 23%, driving up property insurance claims costs. As the economy transitions from goods to services inflation, the focus is returning to liability lines. Wages and healthcare expenditures are emerging as critical drivers for claims severity. Several interconnected factors contribute to social inflation, including changing jury attitudes, the growth of third-party litigation funding, increased legal advertising by plaintiff lawyers, declining trust in institutions, and expanding legal concepts. Social inflation is particularly disruptive for liability insurance because it is challenging to measure and predict. It disproportionately affects long-tail lines, where even minor changes in trends can have a magnified impact. Emerging litigation risks, such as those related to chemicals as per- and polyfluoroalkyl (PFAS) chemicals, obesity, climate change, algorithmic liability, and addictive software design, pose additional uncertainty for tort liability claims trends in the coming years. Share this:

Sep 29, 2023
Disasters

Swiss Re Investments

38 Investments

Swiss Re has made 38 investments. Their latest investment was in Verily Life Sciences as part of their Corporate Minority - II on September 9, 2022.

CBI Logo

Swiss Re Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/29/2022

Corporate Minority - II

Verily Life Sciences

Yes

1

4/5/2022

Series F

Climeworks

$648.84M

Yes

3

2/23/2022

Seed

Klimber

Yes

1

12/14/2021

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

10/27/2021

Corporate Minority

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/29/2022

4/5/2022

2/23/2022

12/14/2021

10/27/2021

Round

Corporate Minority - II

Series F

Seed

Unattributed VC

Corporate Minority

Company

Verily Life Sciences

Climeworks

Klimber

Subscribe to see more

Subscribe to see more

Amount

$648.84M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

3

1

10

10

Swiss Re Portfolio Exits

17 Portfolio Exits

Swiss Re has 17 portfolio exits. Their latest portfolio exit was Movingdots on March 09, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/9/2023

Divestiture

$99M

5

10/17/2022

Acquired

$99M

2

9/29/2022

Shareholder Liquidity

$99M

1

11/18/2021

IPO

Subscribe to see more

$99M

Subscribe to see more

10

10/4/2021

Acquired - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/9/2023

10/17/2022

9/29/2022

11/18/2021

10/4/2021

Exit

Divestiture

Acquired

Shareholder Liquidity

IPO

Acquired - II

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

5

2

1

10

10

Swiss Re Acquisitions

9 Acquisitions

Swiss Re acquired 9 companies. Their latest acquisition was Champlain Reinsurance Company on February 18, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/18/2022

$99M

Acquired

1

1/7/2022

Subscribe to see more

$99M

Subscribe to see more

10

8/5/2019

Subscribe to see more

$99M

Subscribe to see more

10

12/6/2017

Subscribe to see more

$99M

Subscribe to see more

10

1/5/2016

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/18/2022

1/7/2022

8/5/2019

12/6/2017

1/5/2016

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

Swiss Re Fund History

7 Fund Histories

Swiss Re has 7 funds, including Swiss Re 1863 ILS Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/11/2022

Swiss Re 1863 ILS Fund

$250M

1

6/22/2009

H21 Infrastructure I LP

Subscribe to see more

Subscribe to see more

$99M

10

6/1/2008

H21GO I LP

Subscribe to see more

Subscribe to see more

$99M

10

12/31/2007

H21 Private Equity Partners IV LP

Subscribe to see more

Subscribe to see more

$99M

10

1/25/2006

Swiss Re Private Equity Partners III LP

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

1/11/2022

6/22/2009

6/1/2008

12/31/2007

1/25/2006

Fund

Swiss Re 1863 ILS Fund

H21 Infrastructure I LP

H21GO I LP

H21 Private Equity Partners IV LP

Swiss Re Private Equity Partners III LP

Fund Type

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$250M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Swiss Re Partners & Customers

10 Partners and customers

Swiss Re has 10 strategic partners and customers. Swiss Re recently partnered with One Concern on August 8, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

8/16/2023

Partner

United States

Swiss Re partners with One Concern to reveal nat cat business interruption risk

The partnership between the two companies will see One Concern 's Business Interruption Risk Scores and Metrics DNA product become available to insurers via Swiss Re 's CatNet platform .

3

7/25/2023

Partner

United Kingdom

1

6/7/2023

Partner

United States

Swiss Re partners with CompScience on AI powered worker safety

Sebastien Bert , Head Strategic Partnerships , US , Reinsurance Solutions , Swiss Re , commented , `` Swiss Re enables CompScience to benchmark risks and deliver actionable intelligence to their clients that can potentially preserve the health of millions of workers .

1

5/16/2023

Partner

United States

Subscribe to see more

Subscribe to see more

10

5/12/2023

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

8/16/2023

7/25/2023

6/7/2023

5/16/2023

5/12/2023

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United Kingdom

United States

United States

United States

News Snippet

Swiss Re partners with One Concern to reveal nat cat business interruption risk

The partnership between the two companies will see One Concern 's Business Interruption Risk Scores and Metrics DNA product become available to insurers via Swiss Re 's CatNet platform .

Swiss Re partners with CompScience on AI powered worker safety

Sebastien Bert , Head Strategic Partnerships , US , Reinsurance Solutions , Swiss Re , commented , `` Swiss Re enables CompScience to benchmark risks and deliver actionable intelligence to their clients that can potentially preserve the health of millions of workers .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

3

1

1

10

10

Swiss Re Team

67 Team Members

Swiss Re has 67 team members, including current Chief Executive Officer, Christian Mumenthaler.

Name

Work History

Title

Status

Christian Mumenthaler

Chief Executive Officer

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Christian Mumenthaler

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Chief Executive Officer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Compare Swiss Re to Competitors

Assured Risk Cover Logo
Assured Risk Cover

Assured Risk Cover (ARC) offers hurricane insurance coverage using technology and science to alleviate problems due to delayed claims payment.

N
New Paradigm Group

New Paradigm Underwriters is a Florida Licensed Managing General Agency and Program Manager for Allianz Underwriters Insurance Company for Parametric Supplemental Windstorm Insurance. New Paradigm develops and aggregates wind risk in specific geographic areas utilizing the WindX network of Hurricane Hardened Anemometers owned and operated by Weatherflow Inc., and provides an economical risk transfer solution.

A
Allfinanz

Allfinanz, headquartered in Dublin with offices in London and Virginia, is a software company providing solutions for new business processing to the insurance and banking industry in Europe and North America. Allfinanz' xpertBridge solution for new business processing and underwriting automation, is rapidly becoming the market leader in its category. Allfinanz counts many of an insurers, including the top 3 players, amongst its clients in Europe and North America and has been at the very core of enabling these companies to move to a Straight Through Processing (STP) world

KASKO Logo
KASKO

KASKO designs, distributes, and runs digital insurance products for any distribution channel. It offers an application programming interface (API)-powered agile insurance product and distribution platform that operates between digital customer touchpoints and legacy information technology (IT) systems. The platform lets insurance providers, brokers, and cover holders develop insurance products. It was founded in 2015 and is based in London, United Kingdom.

E
EIP

EIP provides white-labelled insurtech software for businesses to offer device and other subscription insurance products to their customers. The company's solutions include EIP Core, EIP Web, and EIP App. EIP was founded in 2004 and is based in Isle of Man, England.

Cloud Insurance Logo
Cloud Insurance

Cloud Insurance offers a globally scalable software platform for the insurance industry.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.