Insurance Zurich grows in non-life and life insurance
The Zurich Group remains on course for growth. In the first nine months of 2025, the insurance group continued to grow in property and casualty insurance (P&C) and recorded more new business in life insurance than in the same period of the previous year.
06.11.2025, 07:15
06.11.2025, 07:16
SDA
From January to September, gross premiums in the P&C segment rose by 8 percent to 38.9 billion US dollars, as Zurich announced on Thursday. The insurance sales figure published since the changeover to IFRS also increased by 8 percent to 35.8 billion in the reporting period.
In life insurance, the focus in the nine-month update is on new business: the cash value of premiums from new business was 16 percent higher than the previous year at 14.7 billion dollars.
The US partner Farmers, for which Zurich provides services and earns fees, also grew in the first nine months. Premium income rose by 5 percent to 22.6 billion dollars, as was reported.
With the figures presented, Zurich has exceeded analysts' expectations for the P&C division. They had previously expected insurance sales of 37.7 billion dollars (AWP consensus). They had expected life new business premiums to be slightly higher at 15.0 billion. The Group does not provide any information on profit figures for the first nine months.
Meanwhile, claims from natural catastrophes in the first nine months remained significantly below the previous year's level. This is due to a combination of fewer events in the first nine months of 2025 and differentiated risk selection, writes Zurich.
