Report
Benoit Valleaux

Zurich Insurance : The group quantifies the anticipated claims charge for COVID-19

>Increase in the price of P&C insurance in Q1 - Yesterday morning, Zurich Insurance published its Q1 2020 top line performance and reported elements regarding its exposure to COVID-19 as well as its balance sheet. Revenues at P&C insurance were up 7% l-f-l to $ 9,678m (+5% reported), with an average price increase of 5% worldwide, of which +12% in North America vs +10% in Q4 2019 and +7% for FY 2019). New business value in life insurance were down by 10% l-f-l to $ 9...
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

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