Swiss Re's $4B Profit: Stronger P&C, Lower Disaster Claims

Swiss Re, a leading reinsurance firm, reported a remarkable $4 billion profit for the first nine months of 2025, driven by robust property and casualty reinsurance performance and fewer natural disaster claims. Their return on equity surged to 22.5%, up from 13.3% last year. Despite a slight dip in overall insurance revenue, their insurance service result soared to $4.78 billion, a significant increase from $2.91 billion in 2024. The companys return on investments also rose to 4.1%. CEO Andreas Berger highlighted the companys focus on meeting financial targets and enhancing resilience, with lower natural catastrophe losses boosting their property and casualty segments. The property and casualty reinsurance unit reported a net income of $2.3 billion, up from $607 million last year, while the Corporate Solutions division saw a rise to $693 million from $630 million. Swiss Res estimated solvency ratio stands at 268%, comfortably above their target range, and they remain confident in surpassing their full-year net income target of over $4.4 billion.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.