Insurance Zurich starts 2026 with growth
Zurich has started 2026 with growth. The Group made gains in property and casualty insurance in particular.
13.05.2026, 07:59
SDA
The Group benefited from further rate increases, while the growth initiatives in specialty insurance and with medium-sized corporate customers (middle market) bore fruit.
In the property and casualty segment, Zurich's insurance sales rose by 11 percent to USD 12.0 billion in the months from January to March, as the Group announced on Wednesday. Meanwhile, gross premium volume advanced by 17 percent to 15.6 billion. On a comparable basis, there was an increase of 8 percent.
In life insurance, gross premiums increased by 5 percent to 9.85 billion dollars. On a comparable basis, however, there was a decrease of 5 percent. The cash value of premiums from new business fell by 7 percent to 4.71 billion following the strong growth in the previous year.
In addition, the US partner Farmers, for which Zurich provides services and earns fees, continued to grow in the first quarter. Premium income from the US company rose by 4 percent to 7.72 billion dollars, according to the report.
The Zurich Group does not provide any information on profit figures for the first quarter. In terms of profitability, the Group believes it is still well positioned to achieve or even exceed the targets set for 2027.
In the current program, which started in 2025 and will be completed in 2027, Zurich aims to achieve a return on equity to gross profit of over 23 percent and an annual increase in earnings per share of at least 9 percent.
With regard to the geopolitical conflicts and tensions in the Middle East, Zurich believes it is only exposed to limited risks. No significant impact on business development is expected, it said.
