Zurich Insurance Group Future Growth

Future criteria checks 2/6

Zurich Insurance Group is forecast to grow earnings and revenue by 6.5% and 3.6% per annum respectively. EPS is expected to grow by 7.2% per annum. Return on equity is forecast to be 24.3% in 3 years.

Key information

6.5%

Earnings growth rate

7.2%

EPS growth rate

Insurance earnings growth	6.9%
Revenue growth rate	3.6%
Future return on equity	24.3%
Analyst coverage	Good
Last updated	03 May 2025

Recent future growth updates

Recent updates

Shareholders Will Probably Hold Off On Increasing Zurich Insurance Group AG's (VTX:ZURN) CEO Compensation For The Time Being

Apr 03

Zurich Insurance Group (VTX:ZURN) Is Paying Out A Larger Dividend Than Last Year

Apr 02

Sentiment Still Eluding Zurich Insurance Group AG (VTX:ZURN)

Apr 01

Zurich Insurance Group (VTX:ZURN) Has Announced That It Will Be Increasing Its Dividend To $28.00

Mar 05

Establishing Global Life Protection Unit Will Exploit Future Opportunities

Feb 23 Zurich Insurance Group is enhancing growth in Life and P&C segments through strategic units and rate increases, driving profitability.

What You Can Learn From Zurich Insurance Group AG's (VTX:ZURN) P/E

Nov 25

Broker Revenue Forecasts For Zurich Insurance Group AG (VTX:ZURN) Are Surging Higher

Aug 10

Zurich Insurance Group AG's (VTX:ZURN) Subdued P/E Might Signal An Opportunity

Jul 11

Earnings and Revenue Growth Forecasts

SWX:ZURN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	71,344	7,438	7,448	2,134	5
12/31/2026	67,019	7,050	6,743	1,987	6
12/31/2025	63,827	6,506	6,039	2,404	6
12/31/2024	68,718	5,814	7,233	7,603	N/A
9/30/2024	67,356	5,350	7,362	7,746	N/A
6/30/2024	76,957	4,885	7,490	7,889	N/A
3/31/2024	75,825	4,618	7,209	7,617	N/A
12/31/2023	63,730	4,351	6,927	7,345	N/A
9/30/2023	62,690	4,232	6,445	6,883	N/A
6/30/2023	61,650	4,112	5,963	6,421	N/A
3/31/2023	60,145	4,038	5,235	5,732	N/A
12/31/2022	58,640	3,964	4,507	5,042	N/A
9/30/2022	60,926	4,659	4,350	4,893	N/A
6/30/2022	63,212	5,353	4,192	4,744	N/A
3/31/2022	66,632	5,278	3,392	3,956	N/A
12/31/2021	70,052	5,202	2,591	3,167	N/A
9/30/2021	70,698	5,024	3,009	3,571	N/A
6/30/2021	71,343	4,846	3,427	3,974	N/A
3/31/2021	65,144	4,340	4,288	4,838	N/A
12/31/2020	58,944	3,834	5,149	5,701	N/A
9/30/2020	57,097	3,561	5,009	5,615	N/A
6/30/2020	55,249	3,287	4,869	5,528	N/A
3/31/2020	63,668	3,717	4,501	5,206	N/A
12/31/2019	72,087	4,147	4,132	4,884	N/A
9/30/2019	65,436	4,057	4,386	5,396	N/A
6/30/2019	58,784	3,966	4,640	5,908	N/A
3/31/2019	52,995	3,841	3,938	5,148	N/A
12/31/2018	47,205	3,716	3,236	4,388	N/A
9/30/2018	54,011	3,504	N/A	3,908	N/A
6/30/2018	60,816	3,292	N/A	3,428	N/A
3/31/2018	60,894	2,972	N/A	N/A	N/A
12/31/2017	64,045	3,004	N/A	5,207	N/A
9/30/2017	63,562	2,940	N/A	3,683	N/A
6/30/2017	67,249	3,101	N/A	2,199	N/A
3/31/2017	70,830	3,072	N/A	N/A	N/A
12/31/2016	67,335	3,211	N/A	1,473	N/A
9/30/2016	71,045	2,101	N/A	2,268	N/A
6/30/2016	60,305	1,396	N/A	2,889	N/A
3/31/2016	51,432	1,498	N/A	3,459	N/A
12/31/2015	60,558	1,842	N/A	5,222	N/A
9/30/2015	60,591	3,126	N/A	4,889	N/A
6/30/2015	69,146	3,885	N/A	5,222	N/A
3/31/2015	78,865	3,893	N/A	5,544	N/A
12/31/2014	72,830	3,949	N/A	5,860	N/A
9/30/2014	73,082	4,163	N/A	5,537	N/A
6/30/2014	72,795	4,300	N/A	4,952	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZURN's forecast earnings growth (6.5% per year) is above the savings rate (0.4%).

Earnings vs Market: ZURN's earnings (6.5% per year) are forecast to grow slower than the Swiss market (10.8% per year).

High Growth Earnings: ZURN's earnings are forecast to grow, but not significantly.

Revenue vs Market: ZURN's revenue (3.6% per year) is forecast to grow slower than the Swiss market (4.3% per year).

High Growth Revenue: ZURN's revenue (3.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ZURN's Return on Equity is forecast to be high in 3 years time (24.3%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/05 11:11
End of Day Share Price	2025/05/02 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zurich Insurance Group AG is covered by 52 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Dieter Hein	AlphaValue
Daniel Bischof	Baader Helvea Equity Research
Marco Cavalleri	Banca Akros S.p.A. (ESN)

Zurich Insurance Group Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 11%, EPS downgraded

Recent updates

Upcoming dividend of CHF28.00 per share

Shareholders Will Probably Hold Off On Increasing Zurich Insurance Group AG's (VTX:ZURN) CEO Compensation For The Time Being

Zurich Insurance Group AG (SWX:ZURN) agreed to acquire an unknown minority stake in Icen Risk Limited.

Zurich Insurance Group (VTX:ZURN) Is Paying Out A Larger Dividend Than Last Year

Sentiment Still Eluding Zurich Insurance Group AG (VTX:ZURN)

Zurich Insurance Group AG, Annual General Meeting, Apr 09, 2025

Zurich Insurance Group (VTX:ZURN) Has Announced That It Will Be Increasing Its Dividend To $28.00

Zurich Insurance Group AG Announces Executive Appointments

Establishing Global Life Protection Unit Will Exploit Future Opportunities

Dividend of CHF28.00 announced

Zurich Insurance Group AG announces Annual dividend, payable on April 15, 2025

Zurich Insurance Group AG to Report Fiscal Year 2024 Results on Mar 06, 2025

Zurich Insurance Group AG to Report First Half, 2025 Results on Aug 07, 2025

Zurich Insurance Group AG to Report Q3, 2025 Results on Nov 06, 2025

Ohio National Seguros de Vida S.A. completed the acquisition of Zurich annuity business in Chile from Zurich Insurance Group AG (SWX:ZURN).

What You Can Learn From Zurich Insurance Group AG's (VTX:ZURN) P/E

Zurich Insurance Group AG to Report Q1, 2025 Results on May 08, 2025

Zurich Insurance Group AG to Report Fiscal Year 2024 Results on Feb 20, 2025

First half 2024 earnings released: EPS: US$20.98 (vs US$17.06 in 1H 2023)

Broker Revenue Forecasts For Zurich Insurance Group AG (VTX:ZURN) Are Surging Higher

New minor risk - Profit margin trend

Consensus revenue estimates increase by 11%, EPS downgraded

Zurich Insurance Group AG's (VTX:ZURN) Subdued P/E Might Signal An Opportunity

Zurich Insurance Group Appoints Peter Hirs as Group Head of Mergers & Acquisitions, Effective July 1, 2024

BOXX Insurance Inc. Partners with Zurich Insurance Group in Switzerland to Introduce Breakthrough Personal Cyber Product

Upcoming dividend of CHF26.00 per share

Full year 2023 earnings released: EPS: US$29.96 (vs US$31.01 in FY 2022)

Zurich Insurance Group AG to Report Fiscal Year 2023 Results on Mar 15, 2024

Zurich Announces Executive Changes

Zurich Insurance Announces Group Chief Financial Officer Changes

Zurich Insurance Appoints Claudia Cordioli as Member of Executive Committee, Effective March 1, 2024

Zurich Insurance Group AG to Report Fiscal Year 2023 Results on Feb 22, 2024

Zurich Insurance Group Ag Appoints Dirk De Nil, to the Role of Global Head of Zurich Resilience Solutions, Effective October 1, 2023

Zurich Insurance Group Names Hilary Bates as the New Chief Compliance Officer of Its UK Business

First half 2023 earnings released: EPS: US$17.06 (vs US$15.78 in 1H 2022)

Chubb Reportedly in Talks to Buy 49% Stake in Kotak General Insurance

Zurich Insurance Eyes $400-Million Stake in Kotak General Insurance

Zurich Insurance Said to Be in Talks for New Takeover

Ohio National Seguros de Vida S.A. entered into an agreement to acquire Zurich annuity business in Chile from Zurich Insurance Group AG (SWX:ZURN).

Upcoming dividend of CHF24.00 per share at 5.3% yield

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Zurich Insurance Group AG to Report Fiscal Year 2022 Final Results on Mar 10, 2023

Zurich Insurance Group AG to Report Q3, 2023 Results on Nov 09, 2023

Suncorp Reportedly Eyes Zurich Local Arm

Insufficient new directors

Zurich Appoints Penny Seach as Next Group Chief Underwriting Officer, Effective January 1, 2023

Insufficient new directors

Zurich Insurance Group AG Appoints Stephen Moss as Group Head of Financial Lines and Cyber

First half 2022 earnings released: EPS: US$14.84 (vs US$14.74 in 1H 2021)

Zurich Insurance Group AG to Report Q1, 2023 Results on May 17, 2023

Viridium Holding AG agreed to acquire Legacy Traditional Life Insurance Business Of Zurich Insurance Group AG from Zurich Insurance Group AG (SWX : ZURN).

A group of eleven management team of JSC Zurich Reliable Insurance agreed to acquire JSC Zurich Reliable Insurance from Zurich Insurance Group AG (SWX:ZURN).

Zurich Insurance Group AG Appoints New Commercial Insurance Chief Financial Officer

Zurich to Sell German Life Portfolio

Upcoming dividend of CHF22.00 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Zurich Insurance Group AG to Report Fiscal Year 2021 Final Results on Mar 11, 2022

Zurich Insurance Group AG (SWX:ZURN) agreed to acquire AlphaChat.

Zurich Reportedly Looks to Sell $243 Million Italy Life Portfolio

Upcoming dividend of CHF20.00 per share

CEO of Commercial Insurance & Member of the Executive Committee James Andrew Shea has left the company

New 90-day high: CHF389

Greater Than Deepens Its Collaboration with Zurich Through an Agreement with Onto