Zurich reports 8% rise in life premiums

Up to £973 million

Cameron Roberts
clock • 2 min read

Provider, Zurich UK, has reported an 8% increase year-on-year in its gross written premiums for its life products.

The figure now sits at £973 million written across 2024, compared to £901m in the previous year. It's life protection new business value £1,133m, up 5% from £1,080m in 2023.   The insurer said that the growth was seen across both group risk and retail markets, with retention being highlighted as a key reason for the strong performance. Speaking to COVER, Peter Hamilton, head of market engagement, Zurich, said: "From the corporate risk side, retention will always be important. As these policies will be commonly rebroked and reviewed, it's vital to not lose these schemes. "On the ret...

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