---
title: "Zurich Insurance: P&C Q1 Gross Written Premiums Up 8% On LFL Basis"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286204746.md"
description: "Zurich Insurance Group (ZURN.SW) reported a 8% increase in Property & Casualty (P&C) gross written premiums for Q1, totaling $15.56 billion on a like-for-like basis, with a reported growth of 17%. Commercial Insurance rose by 9%, while Retail increased by 7%. Life insurance premiums grew by 5%, with protection premiums up 9%. CFO Claudia Cordioli emphasized the company's strong capital position to navigate uncertainties and meet 2027 targets."
datetime: "2026-05-13T06:04:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286204746.md)
  - [en](https://longbridge.com/en/news/286204746.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286204746.md)
---

# Zurich Insurance: P&C Q1 Gross Written Premiums Up 8% On LFL Basis

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Zurich Insurance Group (ZURN.SW) reported that Property & Casualty or P&C first quarter gross written premiums was $15.56 billion, up 8% on a like-for-like basis. On a reported basis, growth was 17%. Commercial Insurance grew 9% driven by Global Specialty and Middle Market. Retail was up 7%. Life delivered profitable growth as gross premiums  
increased 5% at excellent margins, with protection premiums up 9% on a like-for-like basis. Farmers underlying fee income was up 4%. Farmers Exchanges GWP was up 4%.

"Thanks to our strong capital position, we are well positioned to navigate the current uncertain environment and stay on track to meet or exceed our 2027 targets," said Claudia Cordioli, CFO.

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