Swiss Re Profits Up Despite Losses from California Wildfires May 16, 2025 By Noele Illien Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance...
Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires February 27, 2025 By Tom Sims and Paul Arnold Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million...
Swiss Re Targets Net Income of More Than US$4.4 billion for 2025 December 13, 2024 Swiss Re is targeting a net income of more than US$4.4 billion for 2025 and aims to grow the ordinary...
Swiss Re Execs Sleeping Well After $2.4 Billion Q3 Reserve Boost November 15, 2024 By Susanne Sclafane While a $2.4 billion boost in loss reserves for the third-quarter will help Swiss Re’s executives sleep better on a...
Swiss Re Cuts 2024 Profit Target After Raising US Reserves November 7, 2024 By Noele Illien Swiss Re AG said it was raising reserves in its US Property & Casualty business by $2.4 billion in the...
Swiss Re First-Half Profit Beats Estimates on Lower Catastrophe Claims August 22, 2024 By Myriam Balezou Swiss Re AG’s first-half net income beat estimates, as the re-insurer avoided higher claims from natural catastrophes that have impacted...
Swiss Re H1 Net Income Surges to $1.4B on Lower Natural Catastrophe Losses August 4, 2023 By Marion Halftermeyer Swiss Re AG said first-half net income rose more than ninefold to $1.4 billion from a year earlier, driven by...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
Swiss Re Reports Q1 Loss as Ukraine War, Natural Disasters and COVID Take Their Toll May 5, 2022 By L.S. Howard Swiss Re reported a group net loss of $248 million during the first quarter, as a result of headwinds such...
Swiss Re Reports Better-Than-Expected Profit Despite Major Claims October 29, 2021 Reinsurance company Swiss Re said on Friday it swung to a better-than-expected net profit in the first nine months as...