Swiss Re has unveiled its financial targets for 2025, including an ambitious group net income goal exceeding US$4.4 billion.
The company has also committed to increasing its ordinary dividend per share by at least 7% annually over the next three years. Additionally, Swiss Re reaffirmed its multi-year target of achieving an IFRS return on equity (ROE) of more than 14%.
Andreas Berger, Group Chief Executive Officer, emphasized the measures undertaken in 2024 to fortify the company’s position. These measures include adjustments to property and casualty (P&C) reserves, progress on exiting the iptiQ business, and streamlining fee-generating activities across the Group.
Swiss Re’s life and health reinsurance (L&H Re) segment is poised to benefit from growth in the life insurance market and favorable mortality trends in the United States. Berger also highlighted investment income as a key driver of the company’s overall performance.
Swiss Re Performance Targets
Swiss Re has raised its performance benchmarks across its business units for 2025. The L&H Re segment is targeting a net income of US$1.6 billion, while the P&C Re unit aims to achieve a combined ratio of less than 85%.
Corporate Solutions, the company’s commercial insurance division, has set a goal of maintaining a combined ratio below 91%.
As part of its broader strategic initiatives, Swiss Re has announced plans to reduce run-rate operating expenses by approximately US$300 million by 2027. This focus on cost optimization and operational efficiency is expected to support the company’s financial and strategic objectives.
