Swiss Re AG (0QL6) Q1 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a0425b-56d3-7d32-94b8-23cb3a8e4c1f Created: 2026-08-27T08:34:42.491Z Duration: 2670.1323 Channels: 1 00:00:00.719 -- 00:00:02.719 Good morning or good afternoon. 00:00:02.879 -- 00:00:05.759 Welcome to Swiss Re's Q1 twenty twenty six 00:00:05.759 -- 00:00:08.080 Results Conference Call and Lab Webcast. 00:00:08.160 -- 00:00:10.400 Please note that today's conference call is being 00:00:10.400 -- 00:00:11.120 recorded. 00:00:11.360 -- 00:00:12.880 At this time, I would like to turn 00:00:12.880 -- 00:00:15.440 the conference over to Andreas Berger, Group CEO. 00:00:15.795 -- 00:00:16.835 Please go ahead. 00:00:17.795 -- 00:00:20.355 Thank you very much and good morning or 00:00:20.355 -- 00:00:23.235 good afternoon to all of you. I appreciate 00:00:23.555 -- 00:00:25.955 you taking the time to join us today. 00:00:26.515 -- 00:00:29.235 Before I, Group CFO Anders Malmstrom 00:00:29.650 -- 00:00:31.490 walks you through the details of our first 00:00:31.490 -- 00:00:32.530 quarter results, 00:00:33.090 -- 00:00:35.329 as usual I would like to start with 00:00:35.329 -- 00:00:36.930 some brief remarks. 00:00:38.210 -- 00:00:40.770 We made a strong start to 2026 00:00:40.770 -- 00:00:43.890 delivering a net income of $1,500,000,000 00:00:43.890 -- 00:00:45.250 U. S. Dollars in the first quarter. 00:00:46.185 -- 00:00:48.425 This represents onethree 00:00:48.505 -- 00:00:50.505 of our full year net income target of 00:00:50.505 -- 00:00:51.465 4,500,000,000 00:00:51.465 -- 00:00:52.585 US dollars 00:00:52.745 -- 00:00:55.625 and positions us well for the remainder of 00:00:55.625 -- 00:00:56.504 the year. 00:00:57.225 -- 00:00:59.465 The annualized ROE 00:00:59.160 -- 00:01:02.600 for the quarter amounted to 24%...