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).
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 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.