Engineering & project risks

Engineering projects often push the boundaries of the tried and tested, driving infrastructure forward around the world. Leverage the support of a global reinsurer, equipped with extensive knowledge of risks and the capability to meet the requirements of complex and sizable engineering projects and portfolios.

Over the coming years, the world needs vastly expanded infrastructure and technological development. Improved building standards, methods and risk management may reduce incidents, but these projects are bigger and more complex than ever. Our global team have both expertise and capacity to support the large-scale engineering projects and technology that are building a more resilient future.

Why Swiss Re?

  • Go beyond risk transfer

    We support clients to develop knowledge, expertise and underwriting excellence, with training support and powerful solutions.​

  • Manage complex risks & exposures

    Experience the support of a reinsurer with global reach and insights into new exposures, meeting the demands posed by the growing scale and complexity of engineering projects.​

  • A trusted partner

    We're a consistent and strong reinsurer for long-term projects and portfolios. Backed by Swiss Re's financial strength and proven track record in engineering.​

Our offer

Our team offers both treaty and facultative reinsurance, providing a broad product offering and leveraging our capital strength to work with you beyond standard reinsurance solutions. With local knowledge from our team of experts, we go beyond risk transfer, supporting clients with training programmes, digital engineering solutions, and a network of partner services. We closely collaborate with you to develop and tailor protection that aligns to your needs.

Global Team

  • >75 experts
    Description
    Our global team of over 75 engineering experts across 16 countries continuously shares local insights and knowledge on a global scale. Leading best practice.
  • 20 years
    Description
    We've been contributing to industry best practice for over 20 years, including tunnelling, offshore and solar.
  • 120 years
    Description
    We have been writing engineering reinsurance for 120 years.

Renewable Energy Risks

Our comprehensive capacity for renewable energy sits within our Engineering, Marine and Property teams. Via our Centre of Competence, we offer a dedicated team of specialists who will collaborate closely with our underwriting teams, providing a global coordination and knowledge centre for offshore and onshore wind and solar risks.

Customer stories

  • The Swiss Re Engineering Team has a great capacity to assess and suggest alternative programme structures. They combine local market insights with their global perspective and can deliver unique solutions beyond the traditional products. In fact, they‘re a thought leader for Engineering reinsurance.
    Swiss Re signature image resilience purple bubbles
    Ian Mcleish, Head of Global Engineering, Gallagher Re

Video The power of partnership

Generali and Swiss Re team up for consistent engineering risk underwriting.

Reinsurance in action Protecting Venice from high tides

We were selected as lead reinsurer for Project MOSE, which works with measures including coastal reinforcement and the raising of quaysides to protect Venice and the lagoon from flooding. We assessed the risks for the insurer and provided large-capacity cover over more than 10 years of construction.

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Capabilities and solutions

Leverage our range of products, services and solutions to manage your engineering portfolio

Building societal resilience Infrastructure – the pillar of resilience

Swiss Re engineering is positioned at the forefront of technology advancements, working closely with clients to develop tailored protection products. This enables reliable and competent reinsurance, vital for bridging the infrastructure gap and fostering long-term economic growth and resilient societies.

Leverage our risk knowledge

Read our latest piece on the role for re/insurance in decarbonising the construction sector

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