See more : Pebblebrook Hotel Trust (PEB) 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.
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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 |
Zurich Insurance expects strong profit rebound in 2021-CEO
Zurich Insurance Is A Very Stable 5.30% Dividend Yielder
Zurich Insurance Group AG (ZURVY) Management on Q1 2021 Results - Earnings Call Transcript
Zurich Insurance Group AG's (ZURVY) on Q4 2020 Results - Earnings Call Transcript
Zurich to buy MetLife U.S. property and casualty business for $3.94 billion
Insurance Industry Leaders Launch Micro Insurance Consortium
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 (.