Zurich NA H1 P&C CoR rises 4 points to 91.6% on higher cat losses and expenses
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Zurich NA H1 P&C CoR rises 4 points to 91.6% on higher cat losses and expenses

Sign of Zurich Financial Services Group on buildings facade

Zurich North America H1 combined ratio increased four points to 91.6% compared with the same period of 2022 as the insurer was impacted by elevated catastrophe activity and increased commission expenses.

The firm’s H1 loss ratio rose almost three points to 66.5%, as cat losses accounted for 2.8 points, compared with 1.6

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