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Swiss Re AG engages in the provision of reinsurance, insurance and other insurance-based forms of risk transfer. It operates through the following segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, Life Capital and Group items. The Property & Casualty segment comprises of the business lines property, casualty including motor insurance and specialties. The Life & Health segment includes the property and casualty and life & health sub-segments. The Corporate Solutions segment offers innovative insurance capacity to mid-sized and large multinational corporations across the globe. The Life Capital segment encompasses the closed and open life and health insurance books, as well as the ReAssure business and the primary life and health insurance business models comprising elipsLife and iptiQ. The Group items segment represents the administrative expenses of the corporate center functions that are not recharged to the operating segments. The company was founded on the 19th of December, 1863 and is headquartered in Zurich, Switzerland.