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Zurich reports record operating profit and industry-leading return on equity Donnerstag, 07. August 2025 - 08:27

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Ad hoc announcement pursuant to Art. 53 of the Listing Rules
August 07, 2025

Zurich reports record operating profit and industry-leading return on equity
  • Group business operating profit (BOP) up 6% to a record USD 4.2 billion; Core ROE climbs to a best-ever 26.3%, Core EPS up 7%.
  • Property & Casualty (P&C) BOP is up 9% to an all-time high of USD 2.4 billion; Insurance revenue increased 7% to a record USD 23.0 billion.
  • P&C combined ratio (COR) of 92.4% improved 1.2 percentage points driven by strong underwriting performances in Commercial (90.5%) and Retail (94.1%).
  • Life reported BOP of USD 1.0 billion, up 4% excluding a prior year one-off; gross written premiums (GWP) up 14% overall and 3% in Protection1 ; contractual service margin (CSM) at an all-time high.
  • Farmers delivered the strongest half-year BOP ever, up 4% to USD 1.2 billion; Farmers Exchanges2 GWP up 5% and COR of 90.5% leading to a surplus ratio of 45.7%; policy count returns to growth in Q2.
  • Net income attributable to shareholders at USD 3.1 billion, up from USD 3.0 billion in prior year.
  • Very strong capital position with Swiss Solvency Test (SST) ratio at 255%.3
 

Zurich Insurance Group (Zurich) delivered a record set of financial results, driven by high-quality underwriting and strong momentum across all business lines.

Zurich Insurance Group

Media Relations
Mythenquai 2
8002 Zurich
Switzerland

Phone: +41 (0) 44 625 21 00
E-mail: media@zurich.com
www.zurich.com

 
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