Swiss Re is the preferred Life and Health reinsurer in Continental Europe

Swiss Re has been ranked as the №1 Life and Health Reinsurer in Continental Europe on Business Capability Index (BCI) evaluations by European insurers in the NMG Consulting Life & Health Reinsurance Study 2024 for a fifth consecutive year. ¹ 

This recognition, based on feedback from 294 senior insurance executives at 227 insurance companies across Europe, Türkiye and Israel, demonstrates the success of our commitment to putting the client first. 

At the country level, we have successfully maintained our leading position in many markets including Switzerland, Austria, Israel and Türkiye. Additionally, we’ve also become the leading reinsurer in the Netherlands and Belgium, and have improved our ranking in France, Germany, Italy and Spain.

NMG Consulting is a leading independent global consulting firm. The objective of their annual Study is to provide an objective view on reinsurers’ business capabilities in areas such as innovation, relationship management, business management and market knowledge. Our leading position in the market is testament to our focus on excellence and collaboration. 

Consistently delivering for our clients year after year requires teamwork across the entire value chain. I am incredibly proud to lead a great team of innovative, talented and motivated professionals across Continental Europe, who are each committed to moving Forward in Life with our clients.

Technology and innovation are both key concerns for insurance executives across Continental Europe and important drivers of value generation in our industry. We are deeply grateful to our clients for the trust and confidence in recognising Swiss Re with the market’s highest ratings for our technological innovation and integration of new data sets into insurance practices. We are proud to be supporting our clients in their ongoing digitalisation journey. For Swiss Re, this goes hand in hand with the digitalisation of Underwriting and Claims services to improve cost efficiency and accuracy. Not only are we focused on delivering the best tools and solutions for clients, but also gaining an understanding of the true drivers of business performance. 

A key differentiator for Swiss Re is our ability to support our clients with product development and underwriting excellence. Backed by more than 160 years of international industry experience, we continue to draw on the wealth of knowledge generated by our leading experts and thought leadership publications. We are proud to offer tools like Magnum and Life Guide, including Life Guide Scout – a generative AI-powered underwriting assistant. Being recognised by our clients as the №1 underwriting manual in the industry is a real honour, and we will continually work to use client feedback to enhance our tools and improve the speed and ease of doing business as we strive to remain at the forefront of industry innovation. At Swiss Re, we understand that clients value our expertise in product design, pricing and claims management, and are continuously pushing ahead with modern, customised products to deliver on our promise.

Regulation continues to be top of mind for insurance executives across Continental Europe, both as a driver for product development that prioritises policyholder protection and a key pillar in shaping the industry’s capital architecture, processes and propositions. We know that our clients are looking to us to support them in this challenging environment by developing products and solutions that are both affordable and effective for consumers while also fulfilling their commercial requirements. Value-added services play a key role in increasing the attractiveness of products and meeting diverse consumer needs.

Our position as a preferred reinsurer would not be possible without the dedicated contributions of all our team members – every underwriter, actuary, client manager, claims assessor, contract specialist, sales operative and technical accountant involved in the client journey. While we appreciate this feedback, we know that we must continue to improve as a team, ensuring our processes are even easier and faster for clients while leveraging key technologies to achieve this.

Looking ahead, we remain committed to deepening our partnerships and enhancing the support we provide. Please feel free to reach out to members of my leadership team in your country to find out more about the results of the study or to discuss your needs.