Swiss Re reports 85% rise in 9-month profit, helped by low disaster claims

FRANKFURT (Reuters) -Reinsurance company Swiss Re said on Friday that net profit for the first nine months of 2025 rose a better-than-expected 85%, helped by low claims from natural disasters.

The net profit of $4.037 billion in the period compares with a profit of $2.182 billion a year earlier. Analysts had expected a profit of $3.930 billion, according to a consensus forecast.

"After significant large loss events in the first quarter, the second and third quarters benefited from low natural catastrophe losses - this provided a substantial tailwind," said CEO Andreas Berger.

(Reporting by Tom Sims, Editing by Friederike Heine)