Zurich Insurance Reports Growth in Premiums Across Divisions

By Dominic Chopping

Zurich Insurance reported an increase in premiums for the first half, driven by growth across all its segments.

The Swiss insurer said Thursday that gross written premiums and policy fees for its property-and-casualty division rose 10% on year to $29.86 billion. On a like-for-like basis, Zurich's property-and-casualty premiums grew 7%.

Gross written premiums for its life division were $19.5 billion, up 7% on year. Life premiums were up 1% on a like-for-like basis as growth in higher margin protection and unit-linked premiums was offset by lower savings premiums, the insurer said.

At Farmers Exchanges, the policyholder-owned interinsurance exchanges in California that has contracts with Zurich, gross written premiums were up 4% at $15.6 billion, driven by strong policy-count growth, higher new business and better motor customer retention, Zurich said.

"Our growth is accelerating in business segments where we see the strongest demand and attractive margins, such as specialty, middle market, SMEs and life," Zurich Chief Financial Officer Claudia Cordioli said.

"At the midpoint of our current cycle, we are ahead of all our targets."

Its Swiss solvency test ratio--a measurement of capital strength--at June 30 was 266%, up from 259% a year prior.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

August 06, 2026 01:37 ET (05:37 GMT)