With the Extract Closure refactoring (Swift), you can create a closure based on the selected chunk of code. Select an expression to extract, then press &shortcut:Refactorings.QuickListPopupAction; and choose Extract Closure:

The Extract Closure refactoring

In the dialog that opens, type the name of the new closure and change the parameter names and types if needed.

This will result in the following:

The Extract Closure refactoring