Business Recorder
Zurich Insurance reported higher first-quarter gross written premiums for its property and casualty business on Wednesday, as the Swiss company benefited from investment trends into data centers. Europe’s second-largest insurer by market capitalization reported gross written premiums for its property and casualty business of $15.6 billion for the January-March period, up 8% on a like-for-like basis. Zurich Insurance’s results echoed those of its French peer, Axa and Munich-based Allianz, which both reported higher revenue in their property and casualty segments. Allianz posts 52% rise in profit, as expected, and to meet 2026 goal The company added that it expects no material impact on its performance from the Middle East conflict.
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