I'm reading the Assertions section in the Swift e-book and it looks like assertions work very similarly to their Objective-C counterparts. However, nowhere in the docs can I find anything about runtime behaviour while running as a production app. Objective-C's NSAssert promises never to terminate a production application as a result of an assertion failure. Is it the same case in Swift?
Based upon the language Apple use in their documentation, I'd say assertions are ignored in a production environment.
If your code triggers an assertion while running in a debug environment, such as when you build and run an app in Xcode, you can see exactly where the invalid state occurred and query the state of your app at the time that the assertion was triggered. An assertion also lets you provide a suitable debug message as to the nature of the assert.
And in the "Note" block:
Assertions cause your app to terminate and are not a substitute for designing your code in such a way that invalid conditions are unlikely to arise. Nonetheless, in situations where invalid conditions are possible, an assertion is an effective way to ensure that such conditions are highlighted and noticed during development, before your app is published.