Leading market position in various significant markets around the world, in both life and non-life reinsurance. Reputation as leader and innovator in the reinsurance market helps Swiss Reinsurance Co. Ltd. (Swiss Re) attract large profitable private deals and transact with differentiated terms and conditions. Very strong diversification by geography and product offering partially insulates Swiss Re from competitive pressures in individual markets. Competitive advantage due to its substantial excess capital position, combined with its position as a market leader, allows it to support global clients by offering large capacity and bespoke solutions. Extremely strong capital and earnings, supported by capital adequacy well in excess of our 'AAA' benchmark. Although Swiss Re's potential for material volatility in its capital and earnings
