Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

Zurich Insurance : Solid H1 2024 results with some headwinds from nat cat and weather events

>H1 2024 BOP was $ 3,988, 2% above consensus - Zurich reported a BOP of $ 3,988m for H1 2024 which beat the $ 3,918m consensus forecast and our $ 3,864m estimate. The result was driven by strong contributions from the life and farmers segments and was further helped by a lower drag from group functions & operations. Zurich’s core P/C insurance business fell short of expectations as high weather related claims burdened its technical profits. The group SST ratio was 23...
Underlying
Zurich Insurance Group Ltd

Zurich Insurance Group is a multi-line insurance company. Co. provides a range of general insurance and life insurance products and services, serving individuals, small businesses, and mid-sized and large companies, including multinational corporations, in more than 170 countries. Co.'s business segments include: General Insurance, which provides property and casualty insurance and services, risk insights; Global Life, which provides protection, savings and investment solutions; and Farmers, which provides management services related to property and casualty insurance.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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