Swiss Re Reports Record Net Income of USD 4.8 Billion in 2025

Swiss Re achieved a record net income of USD 4.8 billion in 2025, up 47% from the previous year, exceeding their target of USD 4.4 billion. This growth was driven by strong underwriting profits and low large loss activity outside the first quarter. The company also maintained a robust return on investments (4.0%) and increased shareholder returns, proposing a 9% dividend increase to USD 8.00 per share.

The Property & Casualty Reinsurance unit reported a net income of USD 2.8 billion, with a favorable combined ratio of 79.4%. Corporate Solutions recorded a net income of USD 988 million, while Life & Health Reinsurance saw a decrease to USD 1.3 billion due to a portfolio review.

Swiss Re plans to repurchase up to USD 1.5 billion of its own shares in 2026, enhancing shareholder value. Additionally, the company confirmed its financial targets for 2026, aiming for a net income of USD 4.5 billion and a ROE of more than 14%.