(Il Sole 24 Ore Radiocor) - Milano, 7 mag - The Swiss reinsurance group Swiss Re said that it delivered a net income of 1.5 billion dollars in the first quarter of 2026, a 19% year-on-year increase.

Insurance revenue amounted to 10.0 billion dollars, down from 10.4 billion a year earlier due to lower revenue in Property & Casualty reinsurance.

Return on equity reached 23.6% in the first quarter, up from 22.4% for the prior-year period.

Swiss Re achieved a return on investment of 4.6% and a recurring income yield of 4.1% for the first quarter of 2026.

"Swiss Re delivered strong earnings in the first quarter, putting us on a good path towards our 2026 financial targets.

Against an uncertain macroeconomic backdrop and an increasingly challenging market environment, our P&C businesses continue to prioritise disciplined underwriting.

We expect L&H Re (Life & Health Reinsurance) to make a growing contribution to balance the group's overall performance going forward. At the same time, we are firmly focused on cost efficiency. Our goals remain: delivering on our financial targets and on the group's overall resilience,".

said the CEO Andreas Berger.

(RADIOCOR) 07-05-26 12:50:30 (0426) 5 NNNN