Zurich Insurance Group AG (SWX: ZURN)

Zurich Insurance Group AG Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	110,419	97,534	97,354	137,903	154,595	140,794
Investments in Equity & Preferred Securities	136	135	9,682	14,075	14,822	13,944
Other Investments	-	1,716	649	-	-	56
Total Investments	150,541	139,540	138,414	184,644	203,179	186,023
Cash & Equivalents	6,585	6,907	7,153	8,322	10,666	7,567
Reinsurance Recoverable	21,461	21,942	19,878	33,185	32,492	29,157
Other Receivables	10,416	5,499	5,621	16,802	18,541	18,076
Deferred Policy Acquisition Cost	-	-	-	20,446	20,021	19,207
Separate Account Assets	146,410	141,144	122,461	142,470	135,058	126,211
Property, Plant & Equipment	1,957	2,092	2,225	2,436	2,705	2,635
Goodwill	4,540	4,541	4,420	4,344	4,089	3,610
Other Intangible Assets	6,696	6,987	6,485	6,759	4,842	4,918
Restricted Cash	-	373	407	376	440	313
Other Current Assets	3,911	25,051	22,195	12,392	3,401	2,825
Long-Term Deferred Tax Assets	1,787	1,700	1,736	1,198	1,314	1,151
Long-Term Deferred Charges	-	-	-	441	426	400
Other Long-Term Assets	3,574	5,606	4,417	2,011	2,125	2,595
Total Assets	357,878	361,382	335,412	435,826	439,299	404,688
Accrued Expenses	-	1,264	1,238	3,316	2,994	3,038
Insurance & Annuity Liabilities	296,029	217,424	204,356	178,200	197,950	181,700
Unearned Premiums	-	-	-	19,909	18,724	17,551
Reinsurance Payable	435	504	367	970	910	994
Current Portion of Long-Term Debt	1,127	971	348	572	282	260
Current Portion of Leases	-	203	192	225	235	205
Short-Term Debt	1,332	1,093	1,144	1,381	895	1,601
Current Income Taxes Payable	-	1,027	728	622	770	661
Long-Term Debt	12,028	12,481	13,547	14,537	13,494	11,172
Long-Term Leases	-	1,465	1,509	1,653	1,847	1,712
Long-Term Deferred Tax Liabilities	2,504	2,300	2,047	5,151	5,136	4,533
Separate Account Liability	-	59,808	50,038	143,453	136,330	126,650
Other Current Liabilities	3,610	25,112	21,733	11,904	2,959	2,363
Other Long-Term Liabilities	15,248	9,809	9,911	7,738	8,624	7,889
Total Liabilities	332,313	335,103	308,482	396,656	399,453	368,139
Common Stock	10	10	11	11	11	11
Additional Paid-In Capital	1,272	1,333	1,158	1,449	1,438	1,235
Retained Earnings	32,104	32,842	35,313	41,707	39,016	38,445
Comprehensive Income & Other	-9,267	-9,325	-10,799	-5,286	-2,187	-4,687
Total Common Equity	24,119	24,860	25,683	37,881	38,278	35,004
Minority Interest	1,446	1,419	1,247	1,289	1,568	1,545
Shareholders' Equity	25,565	26,279	26,930	39,170	39,846	36,549
Total Liabilities & Equity	357,878	361,382	335,412	435,826	439,299	404,688
Filing Date Shares Outstanding	144.23	143.99	147.53	148.29	148.5	148.06
Total Common Shares Outstanding	144.23	143.99	147.53	148.29	148.5	148.06
Total Debt	14,487	16,213	16,740	18,368	16,753	14,950
Net Cash (Debt)	-7,902	-9,306	-9,587	-10,046	-6,087	-7,383
Net Cash Per Share	-54.29	-63.59	-64.09	-66.94	-40.59	-49.29
Book Value Per Share	167.22	172.65	174.08	255.45	257.77	236.42
Tangible Book Value	12,883	13,332	14,778	26,778	29,347	26,476
Tangible Book Value Per Share	89.32	92.59	100.17	180.58	197.63	178.82
Machinery	-	1,368	1,320	1,349	1,394	1,424

Source: S&P Capital IQ. Insurance template. Financial Sources.