MS Reinsurance reports ‘excellent’ year with improved combined ratio and net profit increasing to $415 million

MS Re’s net profit rises to $415m

Global reinsurer MS Reinsurance announced today that it produced a net profit of $415 million after tax for the year ended 2025, compared to $346 million for the year ended 2024. The company, which ha...

MS Reinsurance reports ‘excellent’ year with improved combined ratio and net profit increasing to $415 million

ZURICH--(BUSINESS WIRE)--May 20, 2026-

Underwriting and investment performance lift MS Re's profit to $415m for 2025

MS Reinsurance, the Switzerland-domiciled global reinsurer, has revealed that 2025 was another strong year for the firm, with net profit after tax reaching $415 million, up from $346 million in 2024. According to MS Re, a wholly owned subsidiary of MSI, which is a core part of the Japanese insurance giant MS&AD Group, the strong net income figure for the year ended 2025 was driven by significant positive contributions from both underwriting and …