Swiss Re reports $4bn net income for 9M 2025

Swiss Re has reported nett income of $4bn for the archetypal 9 months of 2025 (9M 2025), an 85% summation from $2.2bn implicit the aforesaid play past year.

The maturation successful net was chiefly attributed to improved underwriting results wrong its spot and casualty (P&C) reinsurance segment.

The company’s security work effect stood astatine $4.8bn, a 64% summation compared to $2.9bn successful the prior-year period.

Swiss Re’s full security gross decreased by 5% to $32bn from $33.7bn a twelvemonth ago.

Return connected investments for the play roseate to 4.1% from 3.9%, supported by higher recurring income and proceeds from divesting a number equity presumption successful the archetypal 4th (Q1).

The P&C reinsurance part recorded nett net of $2.3bn, up from $607m past year, aided by less ample earthy catastrophe losses successful Q2 and Q3, and unchangeable concern returns.

The reinsurer’s ample earthy catastrophe claims for the play stood astatine $611m, chiefly linked to wildfires successful Los Angeles.

The Corporate Solutions part achieved nett income of $693m done September, a 10% summation compared with $630m a twelvemonth earlier, supported by little claims from large nonaccomplishment events and dependable concern performance.

The Life & Health (L&H) reinsurance conception posted nett income of $1.05bn, down 12% from $1.2bn past twelvemonth owed to a weaker underwriting outcome.

In Q3 alone, Swiss Re reported a nett of $1.4bn.

Swiss Re Group CEO Andreas Berger said: "We person 2 priorities: delivering connected our fiscal targets and expanding the resilience of the Group. Our results for the archetypal 9 months of 2025 bespeak this. After important ample nonaccomplishment events successful the archetypal quarter, the 2nd and 3rd quarters benefitted from debased earthy catastrophe losses.

“This provided a important tailwind to our spot and casualty businesses, supported further by our continued absorption connected underwriting quality. In L&H Re, we are accelerating efforts to amended the resilience of the in-force book."

Commenting connected the outlook, Berger added: "Thanks to the beardown show successful the archetypal 9 months of 2025, we are good on-track to conscionable our Group nett income people of much than $4.4bn for the afloat twelvemonth and our combined ratio targets for some of our spot and casualty businesses.”

"Swiss Re reports $4bn nett income for 9M 2025 " was primitively created and published by Life Insurance International, a GlobalData owned brand.

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