Zurich UK improved its mixed working ratio in property and casualty enterprise to 91.7% final 12 months from 93.8% in 2023.
The supplier’s working revenue from the division jumped by 57% year-on-year to £411m.
The optimistic shifts got here as P&C gross written premium ticked up 4% to £3.88bn with Zurich citing “robust progress” throughout all goal segments.
In July 2023, it introduced exiting regional and nationwide dealer private strains channels to deal with high-net-worth by means of Zurich Non-public Purchasers, together with its MGA and partnership channels.
The agency up to date that it had seen “good progress” in its retail division following
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