Swiss Re

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Image:30-St-Mary-Axe.jpg
30 St Mary Axe - at 180 m, Swiss Re's London headquarters is the 6th tallest building in London

Swiss Re is the world’s largest reinsurer, now that it has acquired GE Insurance Solutions Template:Ref harvard. Founded in 1863, Swiss Re now operates in more than 30 countries. General Electric owns 8.9% of the firm.

Contents

History

Swiss Re was founded December 19, 1863 by the Helvetia General Insurance Company in St. Gallen, the Schweizerische Kreditanstalt (Credit Suisse) in Zurich and the Basler Handelsbank in Basle.

Corporate Headquarters

Swiss Re is headquartered in Zurich where the parent company’s main premise has stood on the shores of Lake Zurich since 1864.

Americas Headquarters

The Americas headquarters of Swiss Re are located in Armonk, New York on a 127-acre (52 hectares) site overlooking Westchester County’s Kensico Reservoir. The facility, which houses more than 1,000 employees from the company’s Life & Health and Property & Casualty business units, was completed in 1999 and expanded in 2004.

Swiss Re also has offices in New York City at Park Avenue Plaza.

London Headquarters

Its new London headquarters are located in the award-winning 30 St Mary Axe tower, which opened on May 25, 2004. 30 St Mary Axe is London's first environmentally sustainable tall building. Among the building's most distinctive features are its windows, which open to allow natural ventilation to supplement the mechanical systems for a good part of the year.

The landmark London skyscraper popularly known as the ‘erotic gherkin’ was confirmed sold on February 5, 2007 for over £600 million (US$1.18 billion) to a group formed of IVG Immobilien AG of Germany and Evans Randall of Mayfair Template:Ref harvard.

Swiss Re and Carbon Commitment

In the spirit of the core value of Sustainability, it was announced in October of 2003 that Swiss Re would become a carbon neutral business within ten years Template:Ref harvard.

References

Works cited

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Bibliography

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