Swiss Re sets out net income target of $4.5bn in 2026

Swiss Re has acceptable retired a scope of fiscal and operational targets for 2026, aiming for radical nett income of $4.5bn (SFr3.61bn).

The fiscal targets besides impact expanding the usage of AI successful processes specified arsenic underwriting, claims and information absorption to enactment productivity and decision-making.

The radical intends to present an yearly stock buyback programme alongside its existing dividend policy, opening successful 2026 with a projected allocation of $500m.

This programme is contingent connected achieving a full-year 2025 radical nett income people of much than $4.4bn.

A reappraisal of underperforming portfolios successful the beingness and wellness reinsurance (L&H Re) division, focusing connected Australia, Israel and South Korea, has been mostly completed.

Updates resulting from this reappraisal are estimated to person a pre-tax net interaction of astir $250m for the 4th fourth nether International Financial Reporting Standards (IFRS) reporting.

Swiss Re is maintaining existing combined ratio objectives for its spot and casualty reinsurance and firm solutions divisions astatine little than 85% and little than 91%, respectively.

For L&H Re, a higher nett income people of $1.7bn by 2026 has been set.

The radical continues to people an IFRS instrumentality connected equity supra 14% and aims for yearly dividend maturation of astatine slightest 7% implicit the adjacent 2 years.

Cost absorption measures are besides ongoing, with a $300m simplification successful yearly operating expenses planned by 2027.

Swiss Re Group CEO Andreas Berger said: "We proceed to fortify the foundations of our business. This twelvemonth successful particular, we accelerated efforts to amended the resilience of our in-force publication successful L&H Re. Along with the different actions we person taken, this gives america the assurance to summation our people for that concern portion successful 2026, contributing to an updated radical nett income people of $4.5bn."

For the archetypal 9 months of 2025, Swiss Re reported nett income of $4bn, an summation of 85% from $2.2bn successful the aforesaid play past year.

The security work effect accrued by 64% to $4.8bn from $2.9bn successful the prior-year period.

"Swiss Re sets retired nett income people of $4.5bn successful 2026 " was primitively created and published by Life Insurance International, a GlobalData owned brand.

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