|Swiss Reinsurance Co.|
|Key People||Jacques Aigrain, Chief Executive|
Swiss Reinsurance Co. (known as Swiss Re) is a diversified global reinsurer that offers financial services products that enable the transfer of risk.
Swiss Re operates in more than 25 countries. It offers traditional reinsurance products and related services for property and casualty as well as for life and health business, as well as insurance-based corporate finance solutions and supplementary services for risk management.
Swiss Re was founded in Zurich, Switzerland, in 1863.
In February 2009, billionaire Warren Buffett agreed to provide $2.63 billion to help shore up Swiss Re's finances, in a vote of confidence in the European insurance industry. Buffett will receive a high-yielding bond that can be converted into stock in three years, potentially giving Berkshire Hathaway, which already has at least a 3% stake in Swiss Re, a 20% holding in the company.
Products and Services
- Swiss Re at a glance. Swiss Re.
- Swiss Re Gets Billions in Backing From Buffett. The Wall Street Journal.