Zurich Insurance Group AG

Zurich Insurance Group AG is a holding company, which engages in the provision of insurance products and related services. It operates through the following segments: Property and Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses. The Property and Casualty Regions segment provides motor, home, and commercial products and services for individuals, as well as small and large businesses on both a local and global basis. The Life Regions segment includes comprehensive range of life and health insurance products on both an individual and a group basis including annuities, endowment and term insurance, unit-linked and investment-oriented products, as well as full private health, supplemental health, and long-term care insurance. The Farmers segment focuses on non-claims administrative and management services to the Farmers Exchanges, which are owned by policyholders. The Group Functions and Operations segment is involved in group’s holding and financing and headquarters activities. The Non-Core Businesses segment offers insurance and reinsurance businesses. The company was founded in 1872 and is headquartered in Zurich, Switzerland.

The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market.

Zurich Insurance Targets Higher Earnings Growth

Zurich reported a solid financial performance in Q3 with a beat at the Solvency II ratio. There is also a limited impact from the potential natural catastrophe losses. Yield remains well attractive in CHF terms, and we anticipate additional shareholder remuneration. We believe the company will increase its EPS guidance ahead. For this reason, Zurich remains a buy.

Zurich Insurance: It Is A Buy Ahead Of The Capital Market Day

Zurich Insurance Group remains a top pick due to its strong performance, solid fundamentals, and attractive 5% yield, despite a slight premium valuation. ZURVY has shown impressive growth in key segments, with record-level operating profits and a high RoE of 25% in 1H24. Zürich's strategic focus on efficiency, risk management, and market leadership, especially in commercial insurance, positions it well for continued outperformance.

Zurich Re: Continuation Of Outperformance, I May Add More

Zurich Insurance Group posted on Thursday a rise in its 9-month premium revenue and said that its exposure to Hurricanes Helene and Milton, which recently wreaked havoc in the United States, would be under $360 million.

Zurich Insurance sees impact from Hurricanes Helene, Milton to touch below $360 mln

Investors interested in Insurance - Multi line stocks are likely familiar with Ageas SA (AGESY) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks presents investors with the better value opportunity right now?

AGESY or ZURVY: Which Is the Better Value Stock Right Now?

Investors interested in Insurance - Multi line stocks are likely familiar with Ageas SA (AGESY) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks offers value investors a better bang for their buck right now?

AGESY vs. ZURVY: Which Stock Is the Better Value Option?

MetLife

Investors with an interest in Insurance - Multi line stocks have likely encountered both MetLife (MET) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks is more attractive to value investors?

MET vs. ZURVY: Which Stock Is the Better Value Option?

Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen

Investors looking for stocks in the Insurance - Multi line sector might want to consider either M?nchener R?ckversicherungs-Gesellschaft (MURGY) or Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks presents investors with the better value opportunity right now?

MURGY vs. ZURVY: Which Stock Is the Better Value Option?

MURGY or ZURVY: Which Is the Better Value Stock Right Now?

Zurich Insurance Group reports record operating profit in H1 2024, exceeding 2025 KPIs. We continue to see support from the Farmers Division financial improvements and Contractual Service Margin release. Given the impressive and reliable results, the company should trade a premium valuation. Therefore, our buy rating target is skewed to the downside.

Zurich Insurance: Profit Growth In All Divisions, Buy Confirmed

Zurich Insurance Group AG (ZURVY) Q2 2024 Earnings Call Transcript

Zurich Insurance posted a record first-half operating profit on Thursday and said it was on track to beat its 2025 targets, but concerns about natural catastrophe losses sent its shares lower.

Zurich Insurance tops profit forecast, catastrophe losses weigh on shares

Company continues its mission to near-term operating profitability; New capital to fuel growth with new products, new geographies, and resilience services PLEASANTON, Calif., and ZURICH , July 26, 2024 /PRNewswire/ -- Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group (Zurich), a leading global multi-line insurer.

Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption

Dublin, July 15, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities for Usage-based Insurance in Leasing and Rental Fleets in Europe, 2024 2028" report has been added to ResearchAndMarkets.com's offering. In the rapidly changing automotive landscape, disruptive technologies are paving the way for a multitude of customer conveniences, with usage-based insurance (UBI) emerging as a standout example. This innovative business model is revolutionizing how insurance companies, original equipment manufacturers (OEMs), and leasing and rental fleets collect insurance data, implement safety measures, and optimize operational efficiencies. This shift has gained widespread acclaim among consumers, who welcome the democratization of insurance services. Naturally, the transformative landscape in the UBI space is growing, with a wealth of growth opportunities waiting to be seized. This study focuses on UBI in the leasing and rental industry in Europe, and it aims to understand and correlate the UBI solutions ecosystem and the services offered to fleet customers as well as the features that benefit the industry. UBI is emerging as a transformative business within the automotive landscape across Europe. Italy, the United Kingdom, Germany, France, and Spain are embracing UBI solutions due to flexible personalized plans, usage-based pricing structures, and consumer transparency. Telematics-driven data is revolutionizing risk assessment for insurance companies.

Usage-based Insurance in Leasing and Rental Fleets in Europe 2024 2028, Featuring Arval, ALD Automotive, Zurich Insurance, Linear Assicurazioni, Zego, Octo Telematics and Targa Telematics

Zurich Insurance on Wednesday announced a $600 million deal to buy AIG's global personal travel insurance and assistance business.

Zurich Insurance buys AIG travel business in $600 mln deal

Goosehead Insurance

Investors with an interest in Insurance - Multi line stocks have likely encountered both Zurich Insurance Group Ltd. (ZURVY) and Goosehead Insurance (GSHD).

ZURVY vs. GSHD: Which Stock Is the Better Value Option?

Zurich Insurance Group (ZURVY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Zurich Insurance Group (ZURVY) Rating Upgrade to Buy

Zurich Insurance's Q1 earnings results show solid sales momentum and improvement in the combined ratio for the Farmers' division. Solid capital position confirmed above the regulatory requirements. Full support from a CHF 1.1 billion buyback, which will start in the next few weeks.

Zurich Insurance: Farmers' Momentum Supports A Buy

Radian Group

Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Radian (RDN) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks presents investors with the better value opportunity right now?

RDN or ZURVY: Which Is the Better Value Stock Right Now?

Zurich Insurance Group AG (OTCQX:ZURVY) Q1 2024 Results Conference Call May 16, 2024 7:00 AM ET Company Participants Jon Hocking - Head, IR Mario Greco - CEO Claudia Cordioli - CFO Conference Call Participants Andrew Sinclair - Bank of America Peter Eliot - Kepler Cheuvreux Will Hardcastle - UBS James Shuck - Citi Michael Huttner - Berenberg Vinit Malhotra - Mediobanca William Hawkins - KBW Dom O'Mahony - BNP Paribas Kamran Hossain - JP Morgan Ismael Dabo - Morgan Stanley Jon Hocking Thank you very much. Good afternoon, everybody, and welcome to Zurich Insurance Group's First Quarter 2024 Results Q&A Call.

Zurich Insurance Group AG (ZURVY) Q1 2024 Earnings Call Transcript

Zürich Insurance Group is a significant global insurer, managing over $50B worth of premiums and $60B worth of revenue and fees annually. The company has a strong presence in every market and region where it operates, making it part of the global top 3 insurance companies. Zürich Insurance has solid profitability, strong cash generation, and a high solvency ratio, making it an attractive investment option with potential for growth.

Zurich Insurance Group: Slight Underperformance, But Overall Decent

Allianz SE

Investors looking for stocks in the Insurance - Multi line sector might want to consider either Allianz SE (ALIZY) or Zurich Insurance Group Ltd. (ZURVY). But which of these two companies is the best option for those looking for undervalued stocks?

ALIZY vs. ZURVY: Which Stock Is the Better Value Option?

Enact Holdings

Assured Guaranty

Fidelis Insurance Holdings Ltd

With a number of insurance stocks currently holding spots on the Zacks Rank #1 (Strong Buy) list, the Zacks Insurance-Multi Line Industry is standing out in particular.

Don't Overlook These Highly Ranked Insurance Stocks it's Time to Buy

Bancolombia

ZURVY and CIB made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 3, 2023.

Best Income Stocks to Buy for April 3rd

Assurant

Investors with an interest in Insurance - Multi line stocks have likely encountered both Assurant (AIZ) and Zurich Insurance Group Ltd. (ZURVY). But which of these two companies is the best option for those looking for undervalued stocks?

News for Zurich Insurance Group AG Stock (ZURVY)