Growth at Switzerland's largest insurer has taken off in spite of the pandemic, while its executives have been homebound.
Zurich increased its gross premiums in property and casualty insurance by 11 percent in the past nine months year-on-year (excluding special effects, such as the transfer of the CSS SME business in Switzerland), it said in a statement on Thursday.
The insurance group also gained 1.5 million new private customers since the beginning of the year.
Targets in Sight
Its other business lines saw double-digit growth. The new life insurance business rose 25 percent and gross premiums written by U.S. subsidiary Farmers Exchanges climbed 19 percent.
Zurich is confident it will achieve its targets for 2022. It scheduled an investor day for November 18.
The insurer announced measures in September to accelerate the reduction of carbon dioxide emissions from its own operations, such as its goal to reduce them from air travel by 70 percent compared to 2019.
