Swiss Re aims for $4.4b profit in 2025

Life & Health Reinsurance (L&H Re) unit aims for a net income of $1.6b.

Swiss Re aims for $4.4b in profits in the coming year, with plans to increase its ordinary dividend per share by at least 7% annually over the next three years and reiterated its multi-year IFRS return on equity (ROE) target of more than 14%.

Group CEO Andreas Berger highlighted steps taken in 2024 to strengthen the company’s resilience. 

Berger also noted strong pricing in P&C reinsurance, stable commercial insurance pricing, and growth in the life insurance market, particularly in the US, as factors driving Swiss Re’s outlook for 2025.

For 2025, all business units have set higher targets compared to 2024. 

The Life & Health Reinsurance (L&H Re) unit aims for a net income of $1.6b, whilst P&C Re targets a combined ratio below 85%. 
Corporate Solutions is targeting a combined ratio under 91%.

Swiss Re is also focusing on cost efficiency, projecting a reduction of approximately $300m in run-rate operating expenses by 2027. 

The company expects investment income and disciplined underwriting to further support its performance in a favourable market environment.