economy
February 27, 2026
Swiss Re pops 4% after posting record $4.8 billion profit, plans $1.5 billion buyback
European markets finished mixed as more earnings reports and economic data were in focus.
TL;DR
- European markets closed mixed, with the Stoxx 600 up 0.2%.
- Swiss Re reported a record 2025 profit of $4.8 billion, a 47% increase, and announced a $1.5 billion share buyback.
- Barclays shares fell 4.5% due to exposure to the insolvent Market Financial Solutions (MFS).
- Santander was also linked to MFS financing and saw its shares decline 0.4%.
- Germany, France, and Spain released inflation and unemployment data.
- The Green Party won a UK parliamentary by-election in Gorton and Denton, unseating Labour.
- US stock futures declined, and Asia-Pacific markets traded mixed.
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