Zurich Insurance Group (ZURN.SW) reported that Property & Casualty or P&C first quarter gross written premiums was $15.56 billion, up 8% on a like-for-like basis. On a reported basis, growth was 17%. Commercial Insurance grew 9% driven by Global Specialty and Middle Market. Retail was up 7%. Life delivered profitable growth as gross premiumsincreased 5% at excellent margins, with protection premiums up 9% on a like-for-like basis. Farmers underlying fee income was up 4%. Farmers Exchanges GWP was up 4%.
"Thanks to our strong capital position, we are well positioned to navigate the current uncertain environment and stay on track to meet or exceed our 2027 targets," said Claudia Cordioli, CFO.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.