Swiss Re reports flat second-quarter profit, lower cat lossesSwiss Re reported flat net income of $1.3 billion for the second quarter of 2026, with the first-half figure 9% higher at $2.8 billion. Corporate Solutions delivered a combined ratio of 86.1% in the first half compared with 88.2% for the prior-year period. Insurance revenue in the first half of 2026 reached $3.6 billion, compared with $3.7 billion for the prior-year period. Growth in targeted lines and favorable foreign exchange movements offset the majority of the impact of a previously announced non-renewal of the Irish Medex business, Swiss Re said. New business at Corporate Solutions was $201 million for the first half of 2026, compared with $262 million for the prior-year period.