Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Zurich Insurance Group Ltd. (ZURVY) and Goosehead Insurance (GSHD).
Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Zurich Insurance Group Ltd. (ZURVY) and Goosehead Insurance (GSHD).
Investors with an interest in Insurance - Multi line stocks have likely encountered both Zurich Insurance Group Ltd. (ZURVY) and Goosehead Insurance (GSHD).
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 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 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.
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 flash floods.
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.
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?
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 Group AG (ZURVY) Q2 2024 Earnings Call Transcript
Investors with an interest in Insurance - Multi line stocks have likely encountered both Zurich Insurance Group Ltd. (ZURVY) and Goosehead Insurance (GSHD).