GVZ: Provisional loss figures for 2024
GVZ Gebäudeversicherung Kanton Zürich can look back on a good claims year. The number of fire and natural hazard claims fell slightly compared to the previous year. However, the estimated total loss amount rose slightly to CHF 51.4 million.
In 2024, GVZ processed a total of 2,666 claims (previous year: 3,599), including 1,058 fire claims and 1,608 natural hazard claims. The total estimated fire damage decreased by around CHF 3.0 million compared to the previous year to CHF 37.3 million (previous year: CHF 40.2 million). With an estimated loss amount of CHF 14.2 million (previous year: CHF 8.2 million), damage caused by natural hazards was higher than in the previous year. This was partly due to the large amounts of rainfall in spring in the Töss Valley and in September in the Embrach Valley, which contributed to the increase in damage caused by natural forces.
The provisional loss figures can be found on the GVZ website can be viewed here. GVZ will publish the final business figures for 2024 at the beginning of May 2025.
GVZ insures buildings in the canton of Zurich against fire and natural hazards and is committed to the prevention of damage to people and property. It fulfills its legal mandate to provide fire protection and fire departments in close cooperation with the municipalities. GVZ is an independent public company and employs around 140 full-time and 250 part-time staff.
Source: GVZ
