It's Still Attractive but Start of Softening Cycle Is Clear: Malmström, Swiss Re CFO

Swiss Re reported a net profit of $1.28 billion for the first quarter, up 16.4% year-on-year. Insurance revenue, however, fell by a tenth to $10.41 billion.

It's still attractive but start of softening cycle is clear: Malmström, Swiss Re CFO

Year-to-date, reinsurance giant Swiss Re has seen a net price reduction of 1.5%, and although it’s clear the reinsurance sector is at the beginning of a softening cycle, it’s still an attractive marketplace, according to Anders Malmström, Swiss Re Group Chief Financial Officer (CFO). This morning, Swiss Re announced a solid performance for the first quarter of 2025, with a rise in net income and P&C reinsurance combined ratio of 86%, despite ele…

Swiss Re post strong Q1 results amid market turbulence

Swiss Re has announced robust financial results for the first quarter of 2025, reporting a net income of $1.3bn (£975m) and a return on equity (ROE) of 22.4%. These results marked an improvement from the same period in 2024, when the company posted a net income of $1.1bn (£825m) and an ROE of 20.7%. The group’s performance remained strong despite significant claims from natural catastrophes and man-made events, supported by favourable investment…

Swiss Re LA wildfire loss comes in lower, P&C Re CR beats, renewal growth continues - Artemis.bm

Global reinsurance firm Swiss Re has reported a lower than anticipated level of losses from the Los Angeles, California wildfires in the first-quarter of