SWX:ZURNInsurance
Zurich (SWX:ZURN) Stock Looks Cautious Despite Stronger Margins And Earnings
Zurich Insurance Group shares came into these results slightly on the back foot after a modest slide over the past week, yet the latest half year numbers tell a more upbeat story. Business operating profit reached about US$4.8b and core earnings per share rose in the low double digits. Every major business line contributed, which matters far more to the long term thesis than a soft recent chart.
The key tension for you as an investor is simple. The stock price is hesitating while the earnings...