Zurich Insurance Group stock enters new US liability program

Published on 11/10/2026 at 11:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zurich Insurance Group stock will take on selected US liability business from 2027. Ullico began quoting the products in approved states in October.

US program adds liability capacity

Ullico will transfer selected fiduciary, union and nonprofit labor liability business to Zurich from January 2027.
The program began quoting in approved states on October 20, ahead of Zurich's next investor communications.
The arrangement expands Zurich's presence in the Taft-Hartley insurance market.

Zurich Insurance Group AG, CH0011075394, Illustration mit AI erstellt.

Zurich Insurance Group is adding a new US program relationship as its American business prepares to take on selected liability policies from Ullico Casualty Group. Ullico announced the agreement on November 3, 2026, saying the policies will become effective on January 1, 2027.

According to Ullico, the transfer covers fiduciary liability, union liability, and nonprofit labor and management liability business. Ullico Casualty Group began quoting the products with Zurich on October 20 in approved states.

Program targets labor organizations

The agreement gives Ullico access to Zurich American Insurance Company for business serving the Taft-Hartley market. Ullico said its underwriting and claims professionals will continue to support labor leaders and trustees, while other commercial lines placed with different carriers will remain unchanged.

Ullico President Tina Fletcher described the relationship as a step forward for the Taft-Hartley marketplace and said it should create more options for growth with customers. Eric Amadori, Zurich's Head of Management Liability - Public, said the insurer would bring its capabilities to Ullico and serve labor entities together with the group.

For Zurich Insurance Group, the arrangement adds another distribution relationship in the United States and extends its reach in a specialized commercial insurance segment. The immediate financial contribution is not quantified in the announcement, so investors will need to assess the program alongside the group's broader underwriting and premium trends.

Stock trades ahead of next updates

Zurich Insurance Group stock traded at 692.10 euros on Lang & Schwarz at 11:46 CET on Tuesday, November 10. The company-specific program news comes ahead of the insurer's scheduled investor communications, keeping attention on how new US business fits into Zurich's wider growth strategy.