Zurich sees highest profit since 2007 as commercial delivers ‘exceptional’ results

Commercial rate increases set to moderate this year

Ben NorrisFebruary 9, 2023
Mario Greco, Zurich CEO
Mario Greco, group chief executive officer of Zurich Insurance Group

Zurich delivered its highest business operating profit since 2007 last year, helped by big gains in commercial business as the market hardened. The insurer said it expects commercial rate increases to moderate through 2023.

Zurich’s group profit rose 12% in 2022 to €6.45bn. Net income was down 12...

Want to read this article?

Register for ultimate access to this article and ALL our premium content

ULTIMATE ACCESS PROVIDES YOU WITH

  • Unrestricted access to Commercial Risk, Commercial Risk Europe and Global Risk Manager news, exclusive expert analysis and opinion
  • Breaking news, daily and/or weekly Commercial Risk Europe newsletters and regular digital publications
  • Breaking news, weekly and monthly Global Risk Manager newsletters and quarterly digital Journal
  • European and global surveys, rankings and special reports
  • National European local language newsletters
  • Preferential access to webinars and virtual and physical conferences

If you are already a registered user or subscriber you can LOGIN below for ultimate access:

Ben NorrisFebruary 9, 2023
Back to top button