Zurich Insurance : Good commercial momentum, solvency margin down at end-September
>Good activity growth - Yesterday morning, Zurich Insurance published its activity indicators for the first nine months of the year. P&C premiums came in at $ 26.4bn, up 7% on a like-for-like basis (+2% reported), which is slightly better than we expected ($ 26.1bn), bearing in mind that there is no consensus available. There was strong organic growth in Asia and Latin America while premiums rose 4% in the US. The group highlighted an acceleration in price increases i...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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