Swiss Re Q1 net profit unexpectedly up 19% on low disaster claims

Swiss Re AG

07/05/2026 06:15

FRANKFURT, May 7 (Reuters) - Reinsurance company Swiss Re SRENH.S said on Thursday that net profit for the first three months of the year rose 19%, beating expectations for a decline and helped by low claims from natural disasters.

The net profit of $1.513 billion in the period compares with a profit of  $1.275 billion a year earlier. Analysts had expected a profit of $1.193 billion, according to a consensus forecast.

 (Reporting by Tom Sims, Editing by Friederike Heine)

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