Zurich UK sees 57% jump in P&C profitability for 2024
Zurich UK has this morning revealed it improved its property and casualty profitability in 2024 by 57% compared to the year before, from just a 4% increase in gross written premiums.
The insurer reported GWP of £3.74bn for 2023, increasing it to £3.88bn for 2024.
However, while it reported a business operating profit of £262m for 2023, that grew rapidly in 2024 to £411m.
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