Swiss Re Achieves USD 2.6 Billion Net Income in H1 2025

Swiss Re reported a net income of USD 2.6 billion for the first half of 2025, marking a 24% increase compared to the previous year. The Group achieved a return on equity of 23.0%, driven by strong underwriting margins and solid investment results across its business units.

The Property & Casualty Reinsurance segment recorded a net income of USD 1.2 billion, benefiting from a combined ratio of 81.1%. The Corporate Solutions segment added USD 430 million, maintaining robust results despite increased claims, while Life & Health Reinsurance contributed USD 839 million.

Swiss Re's investment return increased slightly to 4.1%. The estimated Swiss Solvency Test ratio stood strong at 264%, reflecting a well-capitalized position. The Group remains vigilant in navigating geopolitical and economic uncertainties while focusing on disciplined underwriting and cost efficiency.