Zurich UK has reported an operating profit of £570m for the year ended 31st December 2024, which is a 39% improvement on the previous year. Its combined operating ratio for property and casualty was 91.7%, an improvement of 2.1 percentage points on the previous year. It said its gross written premium rose 4% to hit £3,879m.

Drazen Jaksic, CEO of Zurich UK, said: “In the last 12 months we’ve achieved excellent growth across all areas, making a strong contribution to Zurich’s overall global results. At the same time, we’ve continued to build on the outstanding customer and broker satisfaction scores achieved last year.”