
Investments
38Portfolio Exits
17Funds
7Partners & Customers
10About 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.

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

Swiss Re Investments Activity

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 | |||||
10/27/2021 | Corporate Minority |
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 | ||
Amount | $648.84M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 3 | 1 |
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 | 5 | |||
10/17/2022 | Acquired | 2 | |||
9/29/2022 | Shareholder Liquidity | 1 | |||
Date | 3/9/2023 | 10/17/2022 | 9/29/2022 | ||
---|---|---|---|---|---|
Exit | Divestiture | Acquired | Shareholder Liquidity | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 5 | 2 | 1 |
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 | Acquired | 1 | ||||
1/7/2022 | ||||||
8/5/2019 | ||||||
12/6/2017 | ||||||
1/5/2016 |
Date | 2/18/2022 | 1/7/2022 | 8/5/2019 | 12/6/2017 | 1/5/2016 |
---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 1 |
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 | ||||
6/1/2008 | H21GO I LP | ||||
12/31/2007 | H21 Private Equity Partners IV LP | ||||
1/25/2006 | Swiss Re Private Equity Partners III LP |
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 | |||||
Status | |||||
Amount | $250M | ||||
Sources | 1 |
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 | ||||
5/12/2023 | Partner |
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 | ||
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 . | |||
Sources | 3 | 1 | 1 |
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 | |
Name | Christian Mumenthaler | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
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