Zurich NA Q1 GWP rose 10% as rate hikes offset reduced nat cat exposure
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Zurich NA Q1 GWP rose 10% as rate hikes offset reduced nat cat exposure

Jairo Ibarra
May 17, 2023
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Sign of Zurich Financial Services Group on buildings facade

Zurich North America grew gross written premiums by 10% to almost $4.9bn as rates rose 8% in the same period.

The rate hikes, which are expected to remain stable this year, offset the insurer’s recent measures taken to reduce exposure to natural catastrophe losses.

Zurich

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News Zurich Earnings
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Jairo Ibarra
Senior Reporter
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