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Swiss Re posts 24% increase in half year profit
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11 Articles
In the second quarter of 2025, Swiss Re benefited from low claims from large losses resulting from natural disasters. Furthermore, the reinsurer was able to generate a good return on its assets.
Swiss reinsurance company Swiss Re reported a year-on-year increase in net profit in the first half of the year, despite the massive fires in Los Angeles in January. It rose to $2.6 billion (2.2 billion euros), after $2.1 billion (1.8 billion euros) last year, the French news agency AFP reports.
Swiss Re profit jumps despite Los Angeles fires
Zurich (AFP) Aug 14, 2025 /> Reinsurance giant Swiss Re reported Thursday a sharp jump in net profit for the first half of the year despite the costly wildfires that ravaged Los Angeles. The group, which serves as an insurer of insurance companies, said its profit after tax reached $2.6 billion in the first six months of 2025, up 24 percent from the same period last year. Claims from natural disasters totalled $
The Swiss Re reinsurer improved its profitability over the first six months of 2025, prudent in the renewal of its contracts, but also thanks to revised premiums and successful financial investments. Management confirmed its prospects for the current year.
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