Streetbeat News

ZURVY

Zurich Insurance Group AG Ltd

https://www.zurich.com/

CEO

Mario Greco

Open

29.44

Mkt cap

84B

Volume

5.3K

High

29.44

P/E Ratio

17.37

52-wk high

30.70

Low

29.08

Div yield

0.10

52-wk low

23.45

Zurich Insurance Group (ZURVY) is highlighted as a top pick due to its strong performance, solid fundamentals, and attractive 5% yield. The company has shown impressive growth, with record-level operating profits and a high RoE of 25% in 1H24. Its strategic focus on efficiency, risk management, and market leadership, particularly in commercial insurance, positions it for continued outperformance.

Portfolio Pulse from

November 11, 2024 | 9:45 am

Zurich Insurance Group reported an increase in its 9-month premium revenue and estimated its exposure to Hurricanes Helene and Milton in the US to be under $360 million.

Portfolio Pulse from

November 07, 2024 | 7:00 am

Zurich Insurance announced a $600 million acquisition of AIG's global personal travel insurance business to expand its U.S. presence. The deal is expected to close by the end of 2024 and will integrate AIG's business with Zurich's Cover-More Group, projecting combined annual gross written premiums of $2 billion.

Portfolio Pulse from Benzinga Neuro

June 26, 2024 | 7:23 am

Deadly floods in Southern California have caused at least three deaths, widespread destruction, and a state of emergency. The floods have exacerbated the insurance crisis in the state, with insurers like Allstate Corp, State Farm, and Kemper Corp reducing their presence due to high costs from natural disasters. Despite the crisis, insurance stock prices and ETFs like SPDR S&P Insurance ETF, iShares US Insurance ETF, and Invesco KBW Property & Casualty Insurance ETF have shown minimal impact.

Portfolio Pulse from Natan Ponieman

February 06, 2024 | 9:10 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.