Zurich Insurance Group reported record results for 2025 on Thursday, with business operating profit rising 14% to $8.9bn, beating analyst expectations of about $8.8bn.<\/p>\n
Net income attributable to shareholders increased 17% to $6.8bn, while core return on equity reached 26.9%, above its 2025 to 2027 target of more than 23%.<\/p>\n
Core earnings per share rose 13% to $45.1.<\/p>\n
The Swiss insurer said the performance reflected growth across all three business segments and disciplined underwriting.<\/p>\n
Chief executive Mario Greco said the results indicated the group was \u201cwell on track to achieve or even exceed our 2027 targets\u201d.<\/p>\n
The board proposed a 7% increase in the dividend to CHF 30 per share, subject to shareholder approval.<\/p>\n
Zurich\u2019s property and casualty division delivered operating profit of $5.1bn, up 22%, as gross written premiums surpassed $50bn for the first time.<\/p>\n
The combined ratio improved 1.6 percentage points to 92.6%, supported by what the company described as a benign natural catastrophe season.<\/p>\n
Natural catastrophe losses accounted for 1.2% of premiums, below its guidance range of 2.5% to 3.0%.<\/p>\n
Retail operating profit surged 50% on 16% premium growth, while commercial insurance profit rose 12%.<\/p>\n
The life business reported operating profit of $2.3bn, up 2% on a reported basis and 10% excluding prior-year one-offs.<\/p>\n
Zurich\u2019s contractual service margin, a measure of future profitability, rose to a record $13.8bn.<\/p>\n
New business and gross premiums increased on a like-for-like basis, driven by demand for capital-efficient savings and protection products.<\/p>\n
The US-focused Farmers segment posted its strongest operating profit on record at $2.4bn, broadly in line with expectations.<\/p>\n
Farmers Exchanges gross written premiums rose 4% to $29.6bn, and the surplus ratio stood at 52.9%, well above its target range.<\/p>\n
The exchanges recorded a net increase in policy counts of more than 150,000 for the first time in over a decade.<\/p>\n
Zurich\u2019s Swiss Solvency Test ratio improved to 259% at year-end, compared with a minimum requirement of 160%, and cash remittances totalled $7.4bn.<\/p>\n
Available financial resources rose to $43.2bn.<\/p>\n
The results came as Zurich pursued an agreed \u00a38bn takeover of UK specialty insurer Beazley, a deal that would expand its presence in specialty and cyber insurance and deepen its exposure to the Lloyd\u2019s of London market, according to Bloomberg.<\/p>\n
Greco told Bloomberg Television he had \u201ccomplete support\u201d from the board and described shareholder feedback as \u201csuper positive\u201d.<\/p>\n
The UK Takeover Panel had extended the deadline for Zurich to make a firm offer to 4 March.<\/p>\n
At 1032 CET (0932 GMT), shares in Zurich Insurance Group were down 1.02% in Zurich at CHF 562.20.<\/p>\n
Reporting by Josh White for Sharecast.com.<\/p>\n","protected":false},"excerpt":{"rendered":"Zurich Insurance Group reported record results for 2025 on Thursday, with business operating profit rising 14% to $8.9bn,…\n","protected":false},"author":2,"featured_media":12824,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[128],"tags":[1971,1973,1977,9012,1976,1972,1974,9366,8620,244,9365,5674,3552,51,219],"class_list":{"0":"post-12823","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-zurich-insurance","8":"tag-categoryall","9":"tag-categorycompany-news","10":"tag-categoryheadline-news","11":"tag-categoryinternational-companies","12":"tag-categorymarket-pulse","13":"tag-categorymarket-report","14":"tag-categorynews-and-announcements","15":"tag-full-year","16":"tag-group","17":"tag-insurance","18":"tag-record","19":"tag-reports","20":"tag-results","21":"tag-zurich","22":"tag-zurich-insurance"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/12823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=12823"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/12823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/12824"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=12823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=12823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=12823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}