Zurich’s P&C GWP hits $33.5bn as it books $550mn Ian loss
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Zurich’s P&C GWP hits $33.5bn as it books $550mn Ian loss

Aisling Finn
10 November 2022
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Zurich Insurance company office headquarters

Zurich’s gross written premiums (GWP) in its P&C division for the first nine months of 2022 jumped to $33.5bn, an 8% increase from the $31.1bn recorded in the same period last year.

Losses: Zurich has recognised a net impact of $550mn on a pre-tax basis for Hurricane Ian-related losses.

As a result, the carrier’s catastrophe loss ratio for the first nine months of the year is estimated to be approximately 2 percentage...

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