Zurich Insurance Group
Market Cap
CHF56.9b
Last Updated
2019/10/22 20:45 UTC
Data Sources
Company Financials +
Executive Summary
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.
Snowflake
Fundamentals
6 star dividend payer with proven track record.
Similar Companies
Share Price & News
How has Zurich Insurance Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
ZURN
0.3%
CH Insurance
-0.6%
CH Market
1 Year Return
29.9%
ZURN
25.9%
CH Insurance
10.7%
CH Market
Return vs Industry: ZURN exceeded the Swiss Insurance industry which returned 25.9% over the past year.
Return vs Market: ZURN exceeded the Swiss Market which returned 10.7% over the past year.
Shareholder returns
| ZURN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.3% | -0.6% |
| 30 Day | 2.8% | 2.2% | -0.4% |
| 90 Day | 12.2% | 8.3% | 1.1% |
| 1 Year | 37.7%29.9% | 32.6%25.9% | 16.6%10.7% |
| 3 Year | 80.5%50.6% | 64.4%40.6% | 35.5%21.9% |
| 5 Year | 87.4%37.0% | 93.7%47.0% | 36.8%15.3% |
Price Volatility Vs. Market
How volatile is Zurich Insurance Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Want To Invest In Zurich Insurance Group AG (VTX:ZURN)? Here's How It Performed Lately3 weeks ago | Simply Wall St
Looking At Zurich Insurance Group AG (VTX:ZURN) From All Angles1 month ago | Simply Wall St
Is Zurich Insurance Group AG's (VTX:ZURN) 12% ROE Better Than Average?Valuation
Is Zurich Insurance Group undervalued compared to its fair value and its price relative to the market?
16.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZURN (CHF390.7) is trading below our estimate of fair value (CHF466.74)
Significantly Below Fair Value: ZURN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ZURN is poor value based on its PE Ratio (14.7x) compared to the Insurance industry average (14.4x).
PE vs Market: ZURN is good value based on its PE Ratio (14.7x) compared to the Swiss market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: ZURN is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: ZURN is overvalued based on its PB Ratio (1.8x) compared to the CH Insurance industry average (1.2x).
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Future Growth
How is Zurich Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
6.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZURN's forecast earnings growth (6.2% per year) is above the savings rate (3.3%).
Earnings vs Market: ZURN's earnings (6.2% per year) are forecast to grow slower than the Swiss market (10.4% per year).
High Growth Earnings: ZURN's earnings are forecast to grow, but not significantly.
Revenue vs Market: ZURN's revenue (0.5% per year) is forecast to grow slower than the Swiss market (3.5% per year).
High Growth Revenue: ZURN's revenue (0.5% 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 low in 3 years time (13.4%).
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Past Performance
How has Zurich Insurance Group performed over the past 5 years?
-0.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: ZURN's earnings have declined by -0.3% per year over the past 5 years.
Accelerating Growth: ZURN's earnings growth over the past year (20.5%) exceeds its 5-year average (-0.3% per year).
Earnings vs Industry: ZURN earnings growth over the past year (20.5%) exceeded the Insurance industry 20.1%.
Return on Equity
High ROE: ZURN's Return on Equity (12.2%) is considered low.
Return on Assets
ROA vs Industry: ZURN has a higher Return on Assets than the Insurance industry average last year.
Return on Capital Employed
ROCE Improving: ZURN has significantly improved its Return on Capital Employed over the past 3 years.
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Financial Health
How is Zurich Insurance Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: ZURN has a low level of unsold assets or inventory.
Debt Coverage by Assets: ZURN's debt is covered by short term assets (assets are 6.505550x debt).
Financial Institutions Analysis
Asset Level: ZURN's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if ZURN has a sufficient allowance for bad loans.
Low Risk Liabilities: ZURN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if ZURN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ZURN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if ZURN has an appropriate level of bad loans.
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Dividend
What is Zurich Insurance Group's current dividend yield, its reliability and sustainability?
4.70%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: ZURN's dividend (4.7%) is higher than the bottom 25% of dividend payers in the Swiss market (1.92%).
High Dividend: ZURN's dividend (4.7%) is in the top 25% of dividend payers in the Swiss market (3.71%)
Stable Dividend: ZURN's dividends per share have been stable in the past 10 years.
Growing Dividend: ZURN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.9%), ZURN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ZURN's dividends in 3 years are forecast to be covered by earnings (72.5% payout ratio).
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Management
What is the CEO of Zurich Insurance Group's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Mario Greco (60yo)
3.6yrs
Tenure
US$8,800,000
Compensation
Mr. Mario Greco has been the Group Chief Executive Officer and Member of the Executive Committee at Zurich Insurance Group AG since March 07, 2016. Mr. Greco served as the Group Chief Executive Officer of ...
CEO Compensation Analysis
Compensation vs. Market: Mario's total compensation ($USD8.90M) is about average for companies of similar size in the Swiss market ($USD4.22M).
Compensation vs Earnings: Mario's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.3yrs
Average Tenure
54yo
Average Age
Experienced Management: ZURN's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
4.5yrs
Average Tenure
65yo
Average Age
Experienced Board: ZURN's board of directors are considered experienced (4.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Jeff Dailey (62yo)
Member of the Executive Committee
- Tenure: 7.8yrs
Mario Greco (60yo)
Group CEO & Member of the Executive Committee
- Tenure: 3.6yrs
- Compensation: US$8.80m
George Quinn (53yo)
Group CFO & Member of the Executive Committee
- Tenure: 5.4yrs
Claudia Dill (53yo)
CEO of Latin America & Member of the Executive Committee
- Tenure: 3.1yrs
Kristof Terryn (52yo)
Group COO & Member of Executive Committee
- Tenure: 3.3yrs
Richard Burden
Head Investor Relations & Rating Agency Management
- Tenure: 0yrs
Urban Angehrn (54yo)
Group Chief Investment Officer & Member of Executive Committee
- Tenure: 4.3yrs
James Andrew Shea (54yo)
CEO of Commercial Insurance & Member of the Executive Committee
- Tenure: 3yrs
Kathleen Savio (54yo)
CEO of North America & Member of the Executive Committee
- Tenure: 2yrs
Jack Howell (49yo)
CEO of Asia Pacific & Member of the Executive Committee
- Tenure: 3yrs
Board Members
Alison Carnwath (66yo)
Independent Director
- Tenure: 7.6yrs
- Compensation: US$380.00k
Monica Mächler (63yo)
Independent Director
- Tenure: 6.5yrs
- Compensation: US$300.00k
Fritz Gerber (90yo)
Honorary Chairman
- Tenure: 0yrs
Michel Liès (65yo)
Chairman of the Board
- Tenure: 1.5yrs
- Compensation: US$1.31m
Jeff Hayman (59yo)
Director
- Tenure: 3.6yrs
- Compensation: US$345.00k
Joan Lordi Amble (66yo)
Director
- Tenure: 4.5yrs
- Compensation: US$300.00k
Christoph Franz (59yo)
Vice Chairman
- Tenure: 1.5yrs
- Compensation: US$410.00k
Cathy Bessant (59yo)
Director
- Tenure: 2.6yrs
- Compensation: US$300.00k
Kishore Mahbubani (71yo)
Director
- Tenure: 4.5yrs
- Compensation: US$300.00k
Wilson Toneto
Chairman of Brazilian Unit
- Tenure: 8.8yrs
Company Information
Zurich Insurance Group AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zurich Insurance Group AG
- Ticker: ZURN
- Exchange: SWX
- Founded: 1872
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: CHF56.857b
- Shares outstanding: 145.53m
- Website: https://www.zurich.com
Number of Employees
Location
- Zurich Insurance Group AG
- Austrasse 46
- Zurich
- Zurich
- 8045
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 0QP2 | LSE (London Stock Exchange) | Yes | Registered Shares | GB | CHF | Oct 2000 |
| ZFIN | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Oct 2000 |
| ZURN | SWX (SIX Swiss Exchange) | Yes | Registered Shares | CH | CHF | Oct 2000 |
| ZFIN | XTRA (XETRA Trading Platform) | Yes | Registered Shares | DE | EUR | Oct 2000 |
| ZFSV.F | OTCPK (Pink Sheets LLC) | Yes | Registered Shares | US | USD | Oct 2000 |
| ZURV.Y | OTCPK (Pink Sheets LLC) | SPON ADR 10 REP 1 ORD SH | US | USD | Oct 2000 | |
| ZFI1 | DB (Deutsche Boerse AG) | SPON ADR 10 REP 1 ORD SH | DE | EUR | Oct 2000 |
Biography
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 compa ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 20:45 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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 here.