Swiss Re: Q1 2026 results

The Swiss Re Group reported a net profit of 1.513 billion USD for the first quarter ended 31 March 2026, marking a 19% increase year-on-year.

Insurance revenue reached 10.34 billion USD, down 4% compared with the same period in 2025, while the insurance service result rose 30% to 1.651 billion USD.

Shareholders’ equity stood at 25.966 billion USD, with return on equity (ROE) reaching 23.6%.

The non-life reinsurance division,P&C Re, recorded a 43% increase in net profit to 754 million USD in the first quarter of 2026. Its combined ratio improved by 6.5 percentage points year-on-year to 79.5%.

Meanwhile, the life and health reinsurance business, L&H Re, and direct insurance subsidiary Corporate Solutions posted net profits of 491 million USD and 262 million USD, respectively.