Swiss Re

The Admin Re division, which buys up closed books of life and health business, completed 7 transactions last year, raising the number of completed transactions to 50 in 10 years and adding to a total of CHF75bn in assets to Swiss Re’s balance sheet

A record-breaking net income result in 2006, boosted by the inclusion of the GE Insurance Solutions acquisition and low catastrophe losses, was hard to beat and in 2007 Swiss Re’s net income ended 9% down at CHF4.16bn, taking the consolation prize of the second-best result in Swiss Re’s history.