Zurich Insurance : Continued good resilience in the face of the crisis
>Acceleration in price increase in P&C commercial lines - Yesterday, Zurich Insurance reported its activity indicators for the first nine months of 2020. Revenues in P&C insurance were up 3% on a reported and l-f-l basis to $ 27.3bn. On a l-f-l basis, premiums were up 4% in North America but they were down 11% in Asia Pacific, notably dented by the decline in the travel insurance business. We note, as for the market as a whole, an acceleration in price hikes in P&C co...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.
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.
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