Zurich Insurance Group has experienced strong growth in all areas of its business during the first nine months of the year.

Notably, there has been an increase in both property and casualty insurance and life insurance.

The property and casualty segment saw a 4 percent rise in gross premiums, reaching $36.1 billion, while insurance revenue under IFRS increased by 6 percent to $33.3 billion.

The life insurance division also performed well, with new business premiums reaching a present value of $12.6 billion, a 4 percent increase from the previous year.

This growth was driven by the unit-linked business and strong sales of protection products in key markets such as Japan, the United Kingdom, and Latin America.

Farmers Management Services reported a 6 percent increase in underlying fee income and a 4 percent rise in gross premiums.

Claudia Cordioli, Group CFO, expressed confidence in the company's performance, highlighting positive corporate margins in property and casualty insurance and improved retail performance.

More details about the company's strategy will be revealed at an investor day on November 21.