MS Reinsurance’s combined ratio strengthens as H1’25 net income rises 21%

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Reinsurance News - Nov 19, 2025

Zurich domiciled reinsurer MS Reinsurance (MS Re), part of global insurance group MS&AD, generated a net income of $155 million in the first half of 2025, an increase of $27 million, or 21% on the prior year, as the firm’s combined ratio strengthened despite a rise in incurred losses year-...

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