Zurich Insurance Group Ltd (ZURVY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to Zurich Update for the 9 months and its September 30, 2025 conference call. I am Valentina, the Chorus Call Operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by Q&A session. You can register for questions at any time by pressing star and 1 on your telephone. For operator assistance, please press star and 0. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Mitchell Todd, Head of Investor Relations and Rating Agency Manager. Please go ahead, sir. Good afternoon, everybody. A warm welcome to Zurich Insurance Group's third quarter 2025 results Q&A call. On the call today is our Group CEO, Mario Greco, and our Group CFO, Claudia Cordero-Leite. Before I hand over to Claudia for some introductory remarks, just a usual reminder, please, for Q&A, we kindly ask you to keep to a maximum of two questions. Claudia, what would you do? Thank you, Mitch. Good afternoon, good morning, everyone, and welcome. Thank you for joining us today. I'm here with our good CEO, Mario Greco. Before we take your questions, I'd like to share a few reflections on our results for the first nine months of 2025. Zurich has delivered another outstanding performance, with strong group-wide revenue momentum at excellent levels of profitability and returns. Our resolute focus on execution, coupled with a uniquely diversified business model, contributes to the long-term delivery of shareholders' returns in the top quintile of the broader industry. There are three important aspects of the results that I would like to share with you. Property and casualty achieved record gross return premiums of 38.9 billion...