Zurich Insurance Group Posts Two Percent Rise in Nine-Month P&C Premiums

Zurich Insurance posted a 2 percent rise in nine-month property & casualty gross written premiums, it said on Thursday, confirming it was on track to achieve its 2017-2019 financial targets.

Source: Reuters | Published on November 8, 2018

Zurich, Switzerland - August 30, 2013: Logo of the Zurich insurance company on the rooftop of the group's headquarters in Zurich, Switzerland.

Weather and natural catastrophe losses over the first nine months were slightly above expected levels, the group said.

It expects losses of approximately $175 million from Hurricane Michael in the fourth quarter.