GWP less treaty: £522.1m


30 St Mary Axe, London, EC3A 8EP

t: 020 7933 3000

f: 020 7933 5950


Year established: 1969

Major shareholders:

The ultimate parent of Swiss Reinsurance Company UK is Swiss Reinsurance Company, which is listed on the Swiss Stock Exchange. There are no external shareholders in Swiss Reinsurance Company UK.

Main lines of business:

Most classes of property and liability business in commercial and personal lines for the UK and Irish markets: marine; engineering; proportional and non-proportional reinsurance of Lloyd's entities

Number of UK employees (2002): 157

Subsidiaries: SR International Business Insurance Company; Palatine Insurance Company

Company history:

Swiss Reinsurance Co UK was established in 1969. Its immediate parent company is Swiss Re GB, which is registered in England and Wales. The ultimate holding company is Swiss Reinsurance Co, which is incorporated in Switzerland. Swiss Re UK is a dedicated non-life reinsurance operation.

Life and health reinsurance transactions are handled by a sister company, Swiss Re Life & Health Ltd, a separate legal entity.

Swiss Re UK benefits from an 'AA' credit and claims paying rating from Standard & Poor's, and a 'Aa2' insurance financial strength rating from Moody's. SR International Business Insurance Co, a specialist insurance carrier, also benefits from an 'AA' rating from Standard & Poor's, and an 'Aa3' from Moody's.

Chief officer: Ruurd de Fluiter, chief executive.