Zurich closes 2023 with profit of over 4 billion euros. Full-year operating profit beat estimates at $7.4 billion (€6.8 billion) Company is proposing an 8% dividend increase to 26 Swiss francs (27.33 euros) per share.
The solvency ratio stands at 233% and the combined ratio of the property and casualty sector stands at 94.5%. Non-life gross premiums amounted to $44.40 billion. New premiums in the Life business are 16.38 billion dollars (+26%).