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Swiss re performe first half:
Keystone-SDA
SWISS RE has seen its recipes go back. Therefore, but its profitability are increasing in the first six months of 2025, ignoring the impact of fires that ravaged Los Angeles at the start of the year. Furthermore, The Zurich group took the opportunity to confirm its financial prospects. – Swiss re performe first half
(Keystone-ATS) The revenues from insurance activities fell 6% to $ 20.95 billion, while net profit jumped 24% to 2.61 billion, SWISS RE on Thursday in a statement.
In damage. accident activity swiss re performe first half (P&C REINSURANCE), the combined ratio – the ratio between the premiums received and the benefits paid – improved from 3.2 points to 81.1% and net profit took 23% to 1.22 billion. In this division, SWISS RE was able to increase its premiums by 2.3% during the contract renewal period in June and July.
As for the life and health reinsurance unit (Life & Health Reinsurance), it recorded a net profit in 5% to 839 million.
The management confirmed to expect 2025 to a net profit around 1.6 billion dollars for L & H re and at least 4.4 billion in the group level. The combined ratio of P&C Re must pass under 85% and that of Corso does not exceed 91%.
In the longer term, Swiss Re anticipates an equity yield more than 14%. It also expects to lower its costs by 300 million by 2027. while the dividend must be increased by swiss re performe first half 7% “or more” per year for the next three years.
swiss re performe first half — Swiss re performe first half: Keystone-SDA SWISS RE has seen its recipes go back. but its profitability are increasing in the first six months of 202.
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