The plan will be shown to investors at a meeting later next month
Zurich Insurance Group (Zurich) will hold an investor day meeting in London on 21 November 2024.
The meeting will see Zurich present and discuss its new three-year plan for 2025 to 2027, following the conclusion of its existing 2023 to 2025 cycle.
The insurer stated it is “on track to exceed all current targets and believes that markets offer further attractive opportunities”.
The new plan aims to address how to seize those opportunities.
Zurich’s financial results in 2025 will be reported relative to both current and new plans.
In its full year results for 2023, Zurich UK revealed that its property and casualty (P&C) business grew by 9%.
The insurer said its P&C arm achieved a gross written premium (GWP) of £3.72bn in the year, up from £3.47bn in 2022.
It also registered a combined ratio of 93.8%, an improvement from 2022’s figure of 94%, while business operating profit (Bop) grew by £1m year-on-year to £262m.
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