Q1 2025 Swiss Re AG Earnings Call Transcript

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May 16, 2025

May 16, 2025 / 12:00PM GMT
Operator

Good morning or good afternoon. Welcome to Swiss Re's first-quarter 2025 key financial data conference call. Please note that today's conference call is being recorded.

At this time, I would like to turn the conference over to Andreas Berger, Group CEO. Please go ahead.

Andreas Berger - Swiss Re AG - Chief Executive Director - Corporate Solutions, Member of the Group Executive Committee

Thank you very much, and good morning or good afternoon to all of you. I appreciate you taking the time to join us today. Before our Group CFO -- our new Group CFO, actually, for his first time, Anders Malmstrom, walks you through the details of our Q1 results,

I'd like to start with some brief introductory remarks. We have achieved a good start to the year, delivering a first quarter net income of USD1.3 billion and a return on equity of 22%. All business units contributed to this result, also helped by strong investment returns and this gives us a very good base as we approach the rest of the year.

Our financial results were achieved against the

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