Fitch upgrades Echo Re’s Financial Strength Rating

Fitch Ratings has upgraded Echo Re’s Insurer Financial Strength (IFS) Rating to “A+” from “A,” while maintaining a stable outlook.

The upgrade reflects the Swiss reinsurer’s strategic importance to its parent company, Germany’s DEVK Group, as well as its sustained improvement in financial performance and robust capital position.

In 2025, Echo Re reported a net combined ratio of 88.3% and a return on equity (ROE) of 7.8%.