Lower cat losses fuel Swiss Re’s net income surge

Switzerland-based Swiss Re Ltd. recorded more than $4 billion in net income for the first nine months of 2025, up 85% from a year earlier and driven by a relatively benign year for natural catastrophes round the globe, Artemis reported. The property and casualty reinsurance operations saw a 278% jump in net income to $2.3 billion and delivered a 187% increase in its insurance service result to $2.9 billion.