Zurich Insurance Shows Strong Growth in First Nine Months of 2025
Zurich Insurance reported a robust top-line increase in the first nine months of 2025, led by a record $38.9 billion in gross written premiums (GWP) in its property & casualty (P&C) segment, marking an 8% rise.
Record Premiums Driven by Retail and Commercial Growth
The growth was fueled by exceptional retail expansion and sustained momentum in commercial insurance. On a like-for-like basis, which adjusts for currency fluctuations and prior acquisitions such as AIG's global personal travel insurance and Zurich Kotak General Insurance, GWP in P&C grew 5% compared to $36.1 billion in the same period of 2024.
Global Contributions to Growth
All regions made positive contributions to top-line growth when measured on a like-for-like basis.
Regional Highlights
- EMEA (Europe, Middle East and Africa): GWP rose 6%, driven by strong performances across retail, motor, property, specialty lines, and commercial insurance, with particular strength in the middle-market segment.
- North America: GWP increased by 3% compared to 9M 2024, supported by growth in Specialty lines, especially in the construction business unit, along with strong results in Middle Market and Canadian operations.
Zurich explained that "GWP in P&C rose 5% compared to $36.1 billion in 9M’24 on a like-for-like basis, adjusting for currency movements and prior year’s completed acquisitions."
Author's summary: Zurich Insurance achieved record property & casualty premiums in 2025’s first nine months, driven by robust retail and commercial growth across all major regions.