Earnings Alerts

Zurich Insurance Group (ZURN) Earnings: 1H Operating Profit Surpasses Expectations at $4.23 Billion

  • Zurich Insurance reported a significant operating profit for the first half of the year, totaling $4.23 billion.
  • This profit exceeded market estimates, which were set at $4.16 billion.
  • Farmers, part of Zurich Insurance, recorded gross written premiums amounting to $15.01 billion.
  • Analyst recommendations for Zurich Insurance include 4 buy ratings, 11 hold ratings, and 9 sell ratings.

A look at Zurich Insurance Group Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Zurich Insurance Group is expected to have a positive long-term outlook based on its strong performance in key areas. The company received high scores for Dividend and Growth, indicating a solid track record of paying dividends and promising potential for future growth. Additionally, its Resilience score reflects the company’s ability to withstand economic challenges. Despite average scores in Value and Momentum, Zurich Insurance Group’s overall outlook appears to be favorable.

Zurich Insurance Group AG provides insurance-based financial services, catering to a wide range of customers from individuals to multinational corporations. With a combination of steady dividends, potential for growth, and resilience in the face of market fluctuations, Zurich Insurance Group is positioned to continue its success in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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