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Complete financial analysis of Zurich Insurance Group AG (ZURVY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Zurich Insurance Group AG, a leading company in the Insurance – Diversified industry within the Financial Services sector.
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Zurich Insurance Group AG (ZURVY)
About Zurich Insurance Group AG
Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments. It offers car, home, travel, general liability, life and critical illness, worker injury, and other insurance products; and saving and investment, and pension and retirement planning products. The company also provides property, casualty, management or professional liability, trade credit, political risk, marine, cyber risk, and financial institution insurance products. In addition, it offers employee benefit insurance products; reinsurance services; and non-claims and ancillary services to the farmers' exchanges. It serves individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The company sells its products through agents, brokers, and bank distribution channels. Zurich Insurance Group AG was founded in 1872 and is based in Zurich, Switzerland.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 74.69B | 41.43B | 70.07B | 58.62B | 72.09B | 47.20B | 64.05B | 67.33B | 60.56B | 72.83B | 72.05B | 70.45B | 52.98B | 67.85B | 70.27B | 32.35B | 55.16B | 65.00B | 67.19B | 59.68B | 51.62B | 40.45B | 38.48B | 37.43B | 40.05B |
| Cost of Revenue | 51.78B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 22.91B | 41.43B | 70.07B | 58.62B | 72.09B | 47.20B | 64.05B | 67.33B | 60.56B | 72.83B | 72.05B | 70.45B | 52.98B | 67.85B | 70.27B | 32.35B | 55.16B | 65.00B | 67.19B | 59.68B | 51.62B | 40.45B | 38.48B | 37.43B | 40.05B |
| Gross Profit Ratio | 30.67% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 8.67B | 8.79B | 8.01B | 8.02B | 7.76B | 7.21B | 7.48B | 8.66B | 8.91B | 8.80B | 8.66B | 724.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.04B | 4.19B | 3.77B | 4.95B | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 595.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.99B | 0.00 | 0.00 |
| SG&A | 3.58B | 8.67B | 8.79B | 8.01B | 8.02B | 7.76B | 7.21B | 7.48B | 8.66B | 8.91B | 8.80B | 8.66B | 1.32B | 7.98B | 7.25B | 6.73B | 6.21B | 6.39B | 5.86B | 4.04B | 4.19B | 3.77B | 6.94B | 7.05B | 0.00 |
| Other Expenses | 0.00 | -43.61B | -74.11B | -63.32B | -75.37B | -49.28B | -65.48B | -68.86B | -65.18B | -75.13B | -74.03B | -72.69B | -48.48B | -69.87B | -71.87B | -35.04B | -52.24B | -63.14B | -67.13B | -59.67B | -51.72B | -46.36B | -44.15B | -32.96B | -33.86B |
| Operating Expenses | 3.58B | -34.95B | -65.32B | -55.31B | -67.35B | -41.52B | -58.27B | -61.38B | -56.52B | -66.22B | -65.22B | -64.03B | -47.16B | -61.90B | -64.62B | -28.31B | -46.03B | -56.74B | -61.27B | -55.64B | -47.54B | -42.60B | -37.22B | -32.96B | -33.86B |
| Cost & Expenses | 3.58B | 35.23B | 62.74B | 53.22B | 65.99B | 42.09B | 58.92B | 62.01B | 57.22B | 66.98B | 66.09B | 64.99B | 48.23B | 62.98B | 65.74B | 29.69B | 47.67B | 58.27B | 61.72B | 55.89B | 47.88B | 44.03B | 38.69B | 34.26B | 34.87B |
| Interest Income | 0.00 | 434.00M | 469.00M | 399.00M | 401.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 456.00M | 434.00M | 1.06B | 980.00M | 991.00M | 835.00M | 957.00M | 898.00M | 898.00M | 1.05B | 1.10B | 1.05B | 1.07B | 1.09B | 1.12B | 1.37B | 1.64B | 1.52B | 446.00M | 362.00M | 445.00M | 1.54B | 1.57B | 1.40B | 1.07B |
| Depreciation & Amortization | 879.00M | 748.00M | 823.00M | 807.00M | 936.00M | 634.00M | 565.00M | 549.00M | 1.20B | 1.01B | 1.20B | 1.09B | 996.00M | 1.09B | 892.00M | 654.00M | 515.00M | 460.00M | 447.00M | 695.00M | 793.00M | 1.67B | 894.00M | 907.00M | 540.00M |
| EBITDA | 18.75B | 7.28B | 8.62B | 6.60B | 7.43B | 6.15B | 6.10B | 6.29B | 5.23B | 7.63B | 8.02B | 7.02B | 6.12B | 7.04B | 6.89B | 3.83B | 8.39B | 7.67B | 6.22B | 4.20B | 4.88B | -1.14B | 2.16B | 5.37B | 6.73B |
| EBITDA Ratio | 25.11% | 17.58% | 7.99% | 7.19% | 7.91% | 13.95% | 10.48% | 10.00% | 8.64% | 10.47% | 11.14% | 10.65% | 12.87% | 10.37% | 9.31% | 14.50% | 17.50% | 13.41% | 9.46% | 7.94% | 9.45% | -1.17% | 5.60% | 14.36% | 16.81% |
| Operating Income | 10.96B | 6.48B | 4.75B | 3.31B | 4.73B | 5.69B | 5.78B | 5.95B | 4.03B | 6.61B | 6.83B | 6.42B | 5.82B | 5.95B | 5.65B | 4.04B | 9.14B | 8.26B | 5.91B | 4.04B | 4.09B | -2.15B | 1.26B | 4.47B | 6.19B |
| Operating Income Ratio | 14.67% | 15.64% | 6.78% | 5.64% | 6.57% | 12.04% | 9.02% | 8.84% | 6.66% | 9.08% | 9.47% | 9.11% | 10.99% | 8.77% | 8.04% | 12.48% | 16.56% | 12.70% | 8.80% | 6.77% | 7.91% | -5.31% | 3.28% | 11.93% | 15.46% |
| Total Other Income/Expenses | -4.50B | -49.51B | 7.05B | 5.40B | 6.10B | 5.11B | 5.13B | 5.33B | 3.34B | 5.90B | -57.56B | -656.00M | -580.06M | -501.00M | -556.00M | -1.44B | -553.58M | -551.88M | -395.39M | -224.27M | 3.61B | -3.50B | -215.00M | 3.15B | 5.18B |
| Income Before Tax | 6.46B | 6.20B | 7.32B | 5.40B | 6.10B | 5.11B | 5.13B | 5.32B | 3.34B | 5.84B | 5.96B | 5.46B | 4.76B | 4.87B | 4.53B | 2.66B | 7.50B | 6.73B | 5.47B | 3.79B | 3.75B | -3.58B | -215.00M | 3.17B | 5.18B |
| Income Before Tax Ratio | 8.65% | 14.96% | 10.45% | 9.20% | 8.46% | 10.83% | 8.00% | 7.90% | 5.52% | 8.02% | 8.27% | 7.75% | 8.98% | 7.17% | 6.45% | 8.23% | 13.59% | 10.36% | 8.14% | 6.34% | 7.26% | -8.84% | -0.56% | 8.47% | 12.93% |
| Income Tax Expense | 1.74B | 1.28B | 1.90B | 1.32B | 1.72B | 1.13B | 1.82B | 1.84B | 1.29B | 1.67B | 1.70B | 1.50B | 965.00M | 1.36B | 1.30B | -452.00M | 1.79B | 2.11B | 2.14B | 1.09B | 1.52B | -262.00M | 84.00M | 739.00M | 1.86B |
| Net Income | 4.35B | 3.96B | 5.20B | 3.83B | 4.15B | 3.72B | 3.00B | 3.21B | 1.84B | 3.95B | 4.03B | 3.89B | 3.75B | 3.51B | 3.98B | 3.12B | 5.80B | 4.72B | 3.33B | 2.57B | 2.01B | -3.43B | -387.00M | 2.32B | 3.26B |
| Net Income Ratio | 5.83% | 9.57% | 7.42% | 6.54% | 5.75% | 7.87% | 4.69% | 4.77% | 3.04% | 5.42% | 5.59% | 5.52% | 7.08% | 5.18% | 5.67% | 9.63% | 10.51% | 7.26% | 4.96% | 4.31% | 3.89% | -8.48% | -1.01% | 6.19% | 8.15% |
| EPS | 1.50 | 2.67 | 3.50 | 2.57 | 2.80 | 2.51 | 2.00 | 2.15 | 1.24 | 2.67 | 2.73 | 2.65 | 2.57 | 2.36 | 2.78 | 2.18 | 3.97 | 3.17 | 2.20 | 1.69 | 1.41 | -3.66 | -0.46 | 2.74 | 3.85 |
| EPS Diluted | 1.49 | 2.65 | 3.47 | 2.56 | 2.77 | 2.48 | 1.99 | 2.14 | 1.23 | 2.64 | 2.72 | 2.64 | 2.55 | 2.34 | 2.76 | 2.16 | 3.93 | 3.15 | 2.18 | 1.68 | 1.40 | -3.66 | -0.46 | 2.73 | 3.84 |
| Weighted Avg Shares Out | 2.91B | 1.48B | 1.49B | 1.49B | 1.48B | 1.48B | 1.50B | 1.49B | 1.49B | 1.48B | 1.47B | 1.47B | 1.46B | 1.45B | 1.42B | 1.38B | 1.43B | 1.44B | 1.44B | 1.44B | 1.42B | 936.45M | 835.85M | 844.95M | 846.91M |
| Weighted Avg Shares Out (Dil) | 2.93B | 1.50B | 1.50B | 1.50B | 1.50B | 1.50B | 1.51B | 1.50B | 1.49B | 1.49B | 1.48B | 1.47B | 1.47B | 1.46B | 1.43B | 1.39B | 1.44B | 1.45B | 1.45B | 1.45B | 1.43B | 936.45M | 835.85M | 849.28M | 849.78M |
AM Best Upgrades Issuer Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated Subsidiaries
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Ratings (FSR) of A+ (Superior) of the main rated insurance subsidiaries of Zurich Insurance Group Ltd...
ZURVY or GSHD: Which Is the Better Value Stock Right Now?
Investors with an interest in Insurance - Multi line stocks have likely encountered both Zurich Insurance Group Ltd. (ZURVY) and Goosehead Insurance (GSHD).
Zurich Insurance Targets Higher Earnings Growth
The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market.
Zurich Insurance: It Is A Buy Ahead Of The Capital Market Day
Zurich reported a solid financial performance in Q3 with a beat at the Solvency II ratio. There is also a limited impact from the potential natural catastrophe losses. Yield remains well attractive in CHF terms, and we anticipate additional shareholder...
Zurich Re: Continuation Of Outperformance, I May Add More
Zurich Insurance Group remains a top pick due to its strong performance, solid fundamentals, and attractive 5% yield, despite a slight premium valuation. ZURVY has shown impressive growth in key segments, with record-level operating profits and a high RoE of...
We must work on climate change prevention together: Zurich Insurance CFO
Claudia Cordioli, CFO of Zurich Insurance, says that governments and the public need to work more on climate change prevention following extreme weather events such as Hurricane Helene and the Spanish flash floods.
Zurich Insurance sees impact from Hurricanes Helene, Milton to touch below $360 mln
Zurich Insurance Group posted on Thursday a rise in its 9-month premium revenue and said that its exposure to Hurricanes Helene and Milton, which recently wreaked havoc in the United States, would be under $360 million.
AGESY or ZURVY: Which Is the Better Value Stock Right Now?
Investors interested in Insurance - Multi line stocks are likely familiar with Ageas SA (AGESY) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks presents investors with the better value opportunity right now?
AGESY vs. ZURVY: Which Stock Is the Better Value Option?
Investors interested in Insurance - Multi line stocks are likely familiar with Ageas SA (AGESY) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks offers value investors a better bang for their buck right now?
MET vs. ZURVY: Which Stock Is the Better Value Option?
Investors with an interest in Insurance - Multi line stocks have likely encountered both MetLife (MET) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks is more attractive to value investors?
Source: https://incomestatements.info
Category: Stock Reports
What were Zurich’s key financial highlights in 2023?
Business operating profit (BOP) 1 7.4 bn USD.
Net income attributable to shareholders (NIAS) 4.4 bn USD.
Proposed dividend per share 2 26 CHF.
Estimated Swiss Solvency Test ratio. 231%
How did Zurich’s business operating profit change in 2023?
In the first year of Zurich’s 2023-2025 financial cycle, Zurich posted its highest ever business operating profit (BOP) of USD 7.4 billion, an increase of 21 percent 2 in U.S. dollar terms, strongly supported by an excellent performance of the Commercial Insurance business, a record performance in our Life business, and …
How did natural catastrophes impact Zurich’s financial performance?
Natural catastrophe losses added 2.4% to the P&C combined ratio, compared to 1.8% in the first half of 2023. Combined ratio is a key measure of underwriting profit, where a lower number indicates greater profitability. Zurich’s shares were down 3.1% at 0813 GMT, versus a 0.5% fall in European insurance stocks (.