Zurich Insurance Group AG posted a 6% gain in profit for the first half of 2025 as the insurer shook off losses from the California wildfires at the start of the year.
Group operating profit rose to a record $4.22 billion the insurer said on Thursday, beating an analyst estimate of $4.16 billon. Net income increased 1% to $3.07 billion from the same period a year earlier.
Zurich Insurance’s key property and casualty unit rose by 9% on a like-for-like basis from the same period a year earlier, with $2.4 billion in operating profit. It