See more : Jai Corp Limited (JAICORPLTD.NS) Income Statement Analysis – Financial Results
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.
You may be interested
- Shoppers Stop Limited (SHOPERSTOP.NS) Income Statement Analysis – Financial Results
- Propel Holdings Inc. (PRLPF) Income Statement Analysis – Financial Results
- Andromeda Metals Limited (ANDMF) Income Statement Analysis – Financial Results
- Halows Co.,Ltd. (2742.T) Income Statement Analysis – Financial Results
- NEXTAGE Co., Ltd. (3186.T) Income Statement Analysis – Financial Results
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 |
Zurich Insurance Group: Slight Underperformance, But Overall Decent
Zürich Insurance Group is a significant global insurer, managing over $50B worth of premiums and $60B worth of revenue and fees annually. The company has a strong presence in every market and region where it operates, making it part of...
ALIZY vs. ZURVY: Which Stock Is the Better Value Option?
Investors looking for stocks in the Insurance - Multi line sector might want to consider either Allianz SE (ALIZY) or Zurich Insurance Group Ltd. (ZURVY). But which of these two companies is the best option for those looking for undervalued...
Watch Out for the Surging Dollar
The dollar is poised to keep climbing
Don't Overlook These Highly Ranked Insurance Stocks it's Time to Buy
With a number of insurance stocks currently holding spots on the Zacks Rank #1 (Strong Buy) list, the Zacks Insurance-Multi Line Industry is standing out in particular.
Best Income Stocks to Buy for April 3rd
ZURVY and CIB made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 3, 2023.
AIZ or ZURVY: Which Is the Better Value Stock Right Now?
Investors with an interest in Insurance - Multi line stocks have likely encountered both Assurant (AIZ) and Zurich Insurance Group Ltd. (ZURVY). But which of these two companies is the best option for those looking for undervalued stocks?
AXAHY vs. ZURVY: Which Stock Is the Better Value Option?
Investors looking for stocks in the Insurance - Multi line sector might want to consider either Axa Sa (AXAHY) or Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks offers value investors a better bang for their buck...
AXAHY vs. ZURVY: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Axa Sa (AXAHY) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks is more attractive to value investors?
Zurich Insurance to buy 70% stake in Kotak arm upfront in amended deal
Zurich Insurance Group will buy a 70% stake in Kotak Mahindra Bank's general insurance arm by paying 55.60 billion rupees (nearly $671 million) upfront instead of staggering the purchase as planned last year, the Indian lender said on Friday.
MURGY vs. ZURVY: Which Stock Is the Better Value Option?
Investors interested in Insurance - Multi line stocks are likely familiar with M?nchener R?ckversicherungs-Gesellschaft (MURGY) and Zurich Insurance Group Ltd. (ZURVY). But which of these two stocks presents investors with the better value opportunity right now?
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 (.