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» Economics » Enterprise (Switzerland) » Topics begins with S » Swiss RH

Page modified: Wednesday, July 13, 2011 10:03:10

Swiss RH is the world-wide largest reinsurance with head office in Zurich. The enterprise firmiert under the designation Swiss Reinsurance company and Swiss reinsurance company, arises however under the mark Swiss RH at the market. The shares of the Swiss RH are acted at the inhabitants of zurich stock exchange.

In November 2005 the Swiss acquired RH for roughly 6.8 billion US Dollar GE Insurance Solutions and thus the majority of the insurance transaction of the American mixing company General Electric. With the purchase Swiss RH became the world-wide largest the second largest is Munich back. 2004 gained Swiss RH a premium volume of CHF 29,4 billion and obtained a profit of CHF 2.5 billion SFr. Own capital funds amount to CHF 19.2 billion. The enterprise employs world-wide about 8,000 coworkers.

Swiss RH offers so-called reinsurances. Insurance companies can let insure with the Swiss RH a part of their risk. The enterprise is strong in the insurance against material damage business (with a premium volume of CHF 17.4 billion) and in the life insurance business (with a premium volume of CHF 10.2 billion).

Swiss RH was created in the year 1863 by the Swiss loan corporation of the Credit Suisse) and the Basler mercantile bank. In New York 1910 the first foreign address was opened.

Related links official enterprise Website

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