Swiss Re AG Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	40,325	42,286	40,127	43,118	42,726
Total Interest & Dividend Income	1,813	1,492	819	2,876	2,569
Gain (Loss) on Sale of Investments	217	264	162	-3	600
Other Revenue	492	411	231	13	846
Total Revenue	42,847	44,453	41,339	46,004	46,741
Revenue Growth (YoY)	-3.61%	7.53%	-10.14%	-1.58%	7.83%
Policy Benefits	34,478	37,982	35,442	33,608	32,604
Policy Acquisition & Underwriting Costs	-	-	-	7,800	8,228
Selling, General & Administrative	-	-	-	3,369	3,505
Other Operating Expenses	1,811	2,135	1,758	-	-
Total Operating Expenses	36,289	40,117	37,200	44,777	44,337
Operating Income	6,558	4,336	4,139	1,227	2,404
Interest Expense	-482	-392	-390	-576	-573
Other Non Operating Income (Expenses)	1	-68	-70	-	-
EBT Excluding Unusual Items	6,077	3,876	3,679	651	1,831
Asset Writedown	-	257	247	-	-
Pretax Income	6,077	4,133	3,926	651	1,831
Income Tax Expense	1,315	895	785	171	394
Earnings From Continuing Ops.	4,762	3,238	3,141	480	1,437
Minority Interest in Earnings	-22	3	-30	-8	-
Net Income	4,740	3,241	3,111	472	1,437
Preferred Dividends & Other Adjustments	124	62	68	-	-
Net Income to Common	4,616	3,179	3,043	472	1,437
Net Income Growth	46.25%	4.18%	559.11%	-67.15%	-
Shares Outstanding (Basic)	295	292	290	289	289
Shares Outstanding (Diluted)	295	295	297	303	304
Shares Change (YoY)	-0.25%	-0.49%	-2.08%	-0.15%	4.98%
EPS (Basic)	15.67	10.88	10.50	1.63	4.97
EPS (Diluted)	15.67	10.78	10.33	1.60	4.78
EPS Growth	45.38%	4.29%	544.50%	-66.46%	-
Dividend Per Share	8.000	7.350	6.800	6.400	6.472
Dividend Growth	8.84%	8.09%	6.25%	-1.11%	-2.95%
Operating Margin	15.31%	9.75%	10.01%	2.67%	5.14%
Profit Margin	10.77%	7.15%	7.36%	1.03%	3.07%
EBITDA	6,619	4,397	4,205	1,306	2,467
EBITDA Margin	15.45%	9.89%	10.17%	2.84%	5.28%
D&A For EBITDA	61	61	66	79	63
EBIT	6,558	4,336	4,139	1,227	2,404
EBIT Margin	15.31%	9.75%	10.01%	2.67%	5.14%
Effective Tax Rate	21.64%	21.65%	19.99%	26.27%	21.52%
Revenue as Reported	-	-	-	45,998	46,739

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.