Zurich Insurance Group AG (ZURVY)

OTCMKTS · Delayed Price · Currency is USD
30.95
+0.91 (3.03%)
Nov 21, 2024, 3:59 PM EST
25.53%
Market Cap 88.99B
Revenue (ttm) 76.96B
Net Income (ttm) 4.89B
Shares Out n/a
EPS (ttm) 33.56
PE Ratio n/a
Forward PE n/a
Dividend 0.91 (3.07%)
Ex-Dividend Date Apr 12, 2024
Volume 30,727
Open 30.81
Previous Close 30.04
Day's Range 30.81 - 31.00
52-Week Range 23.46 - 31.00
Beta 0.58
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About Zurich Insurance Group AG

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments. It offers car and motor, home, travel, general liability, life and critical illness, and other insurance products; and saving and investment, and pension and retirement planning products. The company also pr... [Read more]

Sector Financials
Founded 1872
Employees 60,000
Stock Exchange OTCMKTS
Ticker Symbol ZURVY
Full Company Profile

Financial Performance

In 2023, Zurich Insurance Group AG's revenue was $74.69 billion, an increase of 27.38% compared to the previous year's $58.64 billion. Earnings were $4.35 billion, an increase of 9.76%.

Financial Statements

News

Zurich Insurance confident to get a return on equity above 23% over the next three years, says CEO

Mario Greco, the CEO of Zurich Insurance, discusses the company's three-year financial targets on its investor day.

12 hours ago - CNBC

Zurich Insurance Targets Higher Earnings Growth

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.

22 hours ago - The Wall Street Journal

Zurich Insurance Targets Higher Earnings Growth

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.

22 hours ago - WSJ

Salesforce, ANZ, Telstra, Zurich Insurance say AI is driving change inside the business

An era of cautious, low-stakes experimentation is rapidly giving way to tangible changes in how some of Australia’s largest operations run.

9 days ago - The Australian Financial Review

Zurich Re: Continuation Of Outperformance, I May Add More

ZURVY has shown impressive growth in key segments, with record-level operating profits and a high RoE of 25% in 1H24. Explore more details here.

10 days ago - Seeking Alpha

We must work on climate change prevention together: Zurich Insurance CFO

Claudia Cordioli, CFO of Zurich Insurance, says that governments and the public need to work more on climate change prevention following extreme weather events such as Hurricane Helene and the Spanish...

14 days ago - CNBC International TV

We need to work on climate change prevention together, says Zurich Insurance CFO

Claudia Cordioli, CFO of Zurich Insurance, says that governments and the public need to work more on climate change prevention following extreme weather events such as Hurricane Helene and the Spanish...

14 days ago - CNBC

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

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 ...

14 days ago - Reuters

Zurich Insurance raised to Aa2 by Moody's on strong, stable earnings

Moody's upgraded Zurich Insurance Company's ratings due to strong earnings, conservative risk management, and diverse revenue sources.

2 months ago - Seeking Alpha

Zurich Insurance: Profit Growth In All Divisions, Buy Confirmed

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 relea...

3 months ago - Seeking Alpha

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

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

3 months ago - Seeking Alpha

Zurich Insurance tops profit forecast, catastrophe losses weigh on shares

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.

3 months ago - Reuters

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

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, 202...

4 months ago - PRNewsWire

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

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 offer...

4 months ago - GlobeNewsWire

Zurich Insurance buys AIG travel business in $600 mln deal

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

5 months ago - Reuters

Zurich Insurance: Farmers' Momentum Supports A 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. Fu...

6 months ago - Seeking Alpha

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

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 Par...

6 months ago - Seeking Alpha

Zurich Insurance Group: Slight Underperformance, But Overall Decent

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 w...

6 months ago - Seeking Alpha

Zurich Insurance to buy 70% stake in Kotak arm upfront in amended deal

Zurich Insurance Group will buy a 70% stake in Kotak Mahindra Bank's general insurance arm by paying 55.60 billion rupees (nearly $671 million) upfront instead of staggering the purchase as planned la...

9 months ago - Reuters

Up To 10% Yields: My Top 10 High Dividend Yield Companies For January 2024

High dividend yield companies are essential components within a well-balanced and diversified dividend portfolio, particularly for those seeking to generate substantial additional income via dividends...

11 months ago - Seeking Alpha

Zurich Insurance Group: Continued Premium Growth Encouraging

Zurich Insurance Group has seen continued premium growth across its core business lines. The company has shown strong performance in Property & Casualty insurance and Life sectors. Despite potential r...

1 year ago - Seeking Alpha

Zurich Insurance Group AG (ZURVY) Q3 2023 Earnings Call Transcript

Zurich Insurance Group AG (OTCQX:ZURVY) Q3 2023 Earnings Conference Call November 9, 2023 7:00 AM ET Company Participants Jonathan Hocking - Head, IR & Rating Agency Management Mario Greco - Group CEO...

1 year ago - Seeking Alpha

Zurich Insurance to pay $487 mln for stake in India's Kotak Mahindra Bank unit

Zurich Insurance Group will buy a 51% stake in Indian private lender Kotak Mahindra Bank's general insurance unit for about 40.51 billion rupees ($487 million), the companies said on Thursday, as the ...

1 year ago - Reuters

Zurich Insurance Group: Improving P&C Results Help Drive Growth

Zurich has seen a step-up in underwriting profitability in its core P&C segment in recent years, helping to drive solid business operating profit growth. Ownership of Farmers Group compliments its cor...

1 year ago - Seeking Alpha