Zurich Insurance Grows Premiums in All Divisions Over Nine Months

what happened

Zurich Insurance reported higher premiums for the first nine months of the year, with gains in every business line, according to Dow Jones Newswires. The Swiss insurer said on Thursday that like-for-like gross written premiums in its property-and-casualty division rose 7% year on year to $42.14 billion. In US dollar terms, that segment grew 8%.

Gross written premiums in the life division reached $28.59 billion, up 3% like-for-like. The company also said its Swiss solvency test ratio stood at 271% on Sept. 30, compared with 266% at the end of June. Management said it remains confident it will exceed all of its targets.

why it matters

For investors, both premium growth and capital strength matter. Faster premium collection combined with a solvency ratio above 270% gives the company more room to deploy capital and signals resilience as market conditions evolve.

market impact

Zurich Insurance: premium growth and capital buffer support the company's shares

• ▲Zurich Insurance shares pressure up — premium growth in all lines and a higher solvency ratio support the outlook

tags

instruments