Swiss re insurance company. skyscraper mary ex

Swiss Re Tower July 6th, 2013

IN last years in the capital of Foggy Albion London appeared a lot unique structures that amaze people with their very appearance. One of these structures was the Swiss Re skyscraper tower, built specifically for the Swiss insurance company Swiss Reinsurance Company. The building, 180 meters high, has a very unusual shape, for which the building received another unofficial name - “cucumber”.


Construction of the tower began in 2002, when the Swiss Insurance Company announced its intention to locate its head office in the capital of England. Norman Foster was appointed chief architect. It was he who proposed to give the future skyscraper the shape of a cucumber!


However, Norman Foster did not try to draw attention to his offspring in this way and was primarily guided by the principles of environmental friendliness and rationality. That is why the Swiss Re tower, although it looks original, at the same time fits very organically into the architecture of modern London and does not look like a kind of white crow.


So inside the building there are several hanging gardens, which are clearly visible even from the outside. The so-called “winter gardens”, although they are considered an element of the interior of the tower itself, are nonetheless visually close to the city landscape. That is why the cucumber tower so perfectly fit into the urban architecture of London, despite its bizarre shape!


The construction was carried out quickly, and already in 2003 the skyscraper tower was fully completed. In total, Swiss Re has 41 floors. Inside the skyscraper, there is not only a representative office of the Swiss insurance company, but also several shopping galleries and offices of third-party companies.


For the construction of the Swiss Re tower, only environmentally friendly materials were used. The tower itself was built taking into account the basic laws of aerodynamics. Due to its shape, the building has increased resistance to wind loads, and the spirals directed upwards give the tower spatial dynamism.


Even looking at the tower from the side, it becomes clear that it is very spacious inside. Indeed, all the premises of the unusual Swiss Re building are quite large. In addition, thanks to the natural ventilation system inside the tower, it is never stuffy, and it seems that you are in the open air. This unusual system not only provides fresh air to each floor of the skyscraper, but also contributes to the heating of the building by recycling the already used air.


In general, the Swiss Re skyscraper tower is a real building of the future! All of the above makes the tower one of the most environmentally friendly and economical buildings in all of London, as the heating costs of the 41-storey building are minimal.


Naturally, such an unusual structure simply could not go unnoticed among various architectural communities. In 2004, the Swiss Re skyscraper won the prestigious Stirling and Emporis awards, and the jury from the Royal Institute of British Architects unanimously recognized the building best skyscrapers peace! The latter is especially noteworthy, since in the entire history of this jury, unanimous decisions have not been made!

In recent years, in the capital of Foggy Albion, London, many unique structures have appeared that amaze people with their very appearance. One of these structures was the Swiss Re skyscraper tower, built specifically for the Swiss insurance company Swiss Reinsurance Company. The building, 180 meters high, has a very unusual shape, for which the building received another unofficial name - “cucumber”.

Construction of the tower began in 2002, when the Swiss insurance company announced its intention to locate its main office in the capital of England. Norman Foster was appointed chief architect. It was he who proposed to give the future skyscraper the shape of a cucumber!

However, Norman Foster did not try to draw attention to his offspring in this way and was primarily guided by the principles of environmental friendliness and rationality. That is why the Swiss Re tower, although it looks original, at the same time fits very organically into the architecture of modern London and does not look like a kind of white crow.

So inside the building there are several hanging gardens, which are clearly visible even from the outside. The so-called “winter gardens”, although they are considered an element of the interior of the tower itself, are nonetheless visually close to the city landscape. That is why the cucumber tower so perfectly fit into the urban architecture of London, despite its bizarre shape!

The construction was carried out quickly, and already in 2003 the skyscraper tower was fully completed. In total, Swiss Re has 41 floors. Inside the skyscraper, there is not only a representative office of the Swiss insurance company, but also several shopping galleries and offices of third-party companies.

For the construction of the Swiss Re tower, only environmentally friendly materials were used. The tower itself was built taking into account the basic laws of aerodynamics. Due to its shape, the building has increased resistance to wind loads, and the spirals directed upwards give the tower spatial dynamism.

Even looking at the tower from the side, it becomes clear that it is very spacious inside. Indeed, all the premises of the unusual Swiss Re building are quite large. In addition, thanks to the natural ventilation system inside the tower, it is never stuffy, and it seems that you are in the open air. This unusual system not only provides fresh air to each floor of the skyscraper, but also contributes to the heating of the building by recycling the already used air.

In general, the Swiss Re skyscraper tower is a real building of the future! All of the above makes the tower one of the most environmentally friendly and economical buildings in all of London, as the heating costs of the 41-storey building are minimal.

Naturally, such an unusual structure simply could not go unnoticed among various architectural communities. In 2004, the Swiss Re skyscraper won the prestigious Sterling and Emporis awards, and the jury from the Royal Institute of British Architects unanimously recognized the building as the best skyscraper in the world! The latter is especially noteworthy, since in the entire history of this jury, unanimous decisions have not been made!

Swiss Re Group is listed on the Swiss Stock Exchange under the ticker symbol SREN and shares are quoted in Swiss francs. Headquarters of Swiss Re Group, which manages a network of financial divisions, is located in Zurich, Switzerland

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Background information about Swiss Re Group

Swiss Re Group is a large insurance company based in the Swiss city of Zurich, international activities in the provision of basic services to insurance market, including reinsurance, the listing of the company's shares was carried out on SWX (Swiss stock Exchange): ticker SREN, the full name of the company is Swiss Reinsurance Company, which in Russian means "Swiss Reinsurance Company".

Swiss Re Group Services

The financial corporation Swiss Re Group provides the main insurance services, including general insurance and deals with asset management. In the field of reinsurance, Swiss Re Group has many clients from about 40 countries, which are other insurance companies around the world. The reinsurance service is a system economic relations under which, the insurer transfers a certain part of the liability on agreed terms to other insurers (reinsurers).

Financial indicators and characteristics of the structure of the Swiss Re Group Corporation

Today, Swiss Re Group is a large financial corporation with many structural divisions specializing in various services of the insurance market. Now the company employs about 13 thousand employees. Exemplary monetary equivalent assets of Swiss Re Group is equal to 196 billion dollars.




The history of the emergence and development of Swiss Re Group

The Swiss Re Group was founded in 1863 by a group of Swiss bankers and entrepreneurs who created an insurance company serving clients in Western Europe, including Switzerland and Germany. During the 19th and 20th centuries, Swiss Re Group rapidly developed in the international insurance market and transformed into a large financial holding. In 2009, American investor Warren Buffett became the largest shareholder of Swiss Re Group.

The Swiss Re group (Zurich), one of the world leaders in the insurance market, stated a decrease in profit by 22.6% in 2016 to $3.56 billion, against the backdrop of a 10% increase in total premiums to $33.23 billion and 6.5 % volume growth own funds to $34.53 billion

2016 results were well below analysts' expectations financial market. The renewal of contracts in 2017 reduced all business segments of Swiss Re by 18% or $8.5 billion, which does not add optimism to the market. This is mainly due to the fact that most of the large direct contracts with insurers, which are more profitable than traditional reinsurance activities, have not yet been concluded, but according to Swiss Re forecasts, they will definitely be renewed during 2017.

However, to “sweeten the pill” for investors, the Group’s Board of Directors will submit in April for shareholder approval new program repurchase its shares for CHF 1 billion before the next AGM in 2018, increase the dividend payout per share from CHF 4.6 (for 2015) to CHF 4.85 (for 2016) and make a number of board personnel decisions company directors.

The significant drop in profitability can be attributed to a strong 2015, with its low payouts in Property & Casualty Re, P&C accounting for more than 50% of the Group's total revenues, which allowed it to show significant growth to previous year. If you look at 2016, it was not calm at all, especially the last quarter, which forced almost all Swiss Re divisions to fall into the red zone. Thus, the P&C direction lost 7.8%, the corporate solutions direction - 7.9%, the life insurance direction in general showed a net loss of $88 million (against a profit of $151 million in 2015). Global damage from natural and man-made disasters in 2016 increased to $158 billion ($42 billion insured), against $94 billion ($28 billion insured) in 2015. Also contributed: the general trend towards a decrease in loan interest rates and global political events. In addition, among the reasons for the decrease in overall profitability can be called adverse changes in investment portfolio Groups.

One of the promising areas of the Swiss Re group is the UK market, which separated itself from the pan-European market during the Brexit procedure.

Swiss Re leaves Russia

As part of the cost reduction program

One of the largest in the world reinsurance companies Swiss Re since May 12, closes the Moscow representative office, which was engaged in life and health reinsurance operations. The head office of the company claims that this decision is not connected with the crisis, but with the desire to simplify organizational structure companies all over the world.

Rating agency"Expert RA" came to the conclusion that the Russian reinsurance market is in a deep systemic crisis, and the model on which it works does not contain an impulse for further development. But there is still reason for joy: the international part of the business of Russian reinsurers is developing at a pace that is significantly higher than the average market indicators ...

The world's largest insurance company American Insurance Group (AIG) on Wednesday disappointed investors with a third consecutive quarterly loss, this time exceeding $5 billion. And Europe's largest insurer Allianz yesterday reported a drop in quarterly profit by a third and refused to make any forecasts for the whole year ... [