Zurich Insurance operating profit just above forecasts, assesses California wildfires impact
Zurich Insurance reported slightly higher-than-expected annual operating profit on Thursday, as insurers ride out the impact of climate disasters and wars. It also said it will propose the election of Thomas Jordan, who lead the Swiss National Bank for 12 years until stepping down last September, to its board. Europe's fifth-largest insurer reported operating profit of $7.8 billion for 2024, just ahead of analysts' estimate of $7.7 billion in a company-provided consensus.