Zurich Insurance Group AG (ZFSVF) reports a 5% increase in group profit to $7.8 billion, with strong performance across life and property segments and a strategic focus on growth opportunities.

Zurich Insurance reported slightly higher-than-expected annual operating profit on Thursday, as insurers ride out the impact of climate disasters and wars. It also said it will propose the election of Thomas Jordan,

Zurich Insurance Group AG is expecting pretax losses of $200 million from the January California wildfires as the insurer reported a 5% gain in profit for 2024.