Zurich reported a 21% increase in net income in the first quarter up to $779m from $644m in the same period last year.
Business operating profit rose 18% to $1.034bn, while gross written premiums increased 2.3% to $10.2bn. The company reported a combined ratio of 96.9%.
Zurich said the first quarter results reflected its commitment to build on "strong fundamentals seen in previous years," reflecting "cost vigilance and the group's disciplined approach to the businesses".
The group said it had “selectively pursued growth opportunities” to maximise profit.