November 8, 2018 / 6:00 AM / 10 days ago

Zurich Insurance Group posts 2 pct rise in 9M P&C premiums

ZURICH, Nov 8 (Reuters) - Zurich Insurance posted a 2 percent rise in nine-month property & casualty gross written premiums, it said on Thursday, confirming it was on track to achieve its 2017-2019 financial targets.

Weather and natural catastrophe losses over the first nine months were slightly above expected levels, the group said.

It expects losses of approximately $175 million from Hurricane Michael in the fourth quarter. (Reporting by Brenna Hughes Neghaiwi; Editing by Maria Sheahan)

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