Zurich Insurance Group has reported net income attributable to shareholders after tax of $3.06bn (SFr2.47bn) for the first half of 2025 (H1 2025), a 1% increase from $3.02bn in the same period last year.

Zurich’s Life business posted an operating profit of US$1.0 billion, flat compared to the prior year’s record but reflecting 4% underlying growth when excluding a US$55 million non-recurring item from 2024. The contractual service margin exceeded US$13 billion.

Zurich Insurance Group AG posted a 6% gain in profit for the first half of the year as the insurer shook off losses from the California wildfires.