Zurich Insurance Group has reported a robust financial performance in its first nine-month results, with property and casualty (P&C) insurance revenue witnessing a significant 9% year-on-year increase, reaching US$31.4 billion.

Munich Re has delivered a strong set of results for the third quarter of 2023, with a net result of €1.2 billion and an improved combined ratio of 82% in its property and casualty (P&C) reinsurance business.