Zurich Insurance Group AG reports a 12% increase in Quarter1.

Zurich Insurance Group AG reported a 12% rise in Q1 non-life revenue on a like-for-like basis, driven by higher premiums. Gross written premiums rose 9% year-over-year, with Asia and Latin America offsetting a small decline in North America. Zurich's life insurance new business premiums declined. The company plans to start its announced share buyback program of up to 1.1 billion Swiss francs in the coming weeks.

May 16, 2024
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