ZFSVF - Zurich Insurance: Farmers' Momentum Supports A Buy
2024-05-19 07:13:15 ET
Summary
- Zurich Insurance's Q1 earnings results show solid sales momentum and improvement in the combined ratio for the Farmers' division.
- Solid capital position confirmed above the regulatory requirements.
- Full support from a CHF 1.1 billion buyback, which will start in the next few weeks.
After the Q1 release, we are back to comment on Zurich Insurance Group (ZURVY). For our new readers, the company is a one-stop shop for insurance solutions, including P&C, Life, and pensions products. Zurich was founded in 1872 and operates in more than 210 countries, with significant exposure to the North American market with the Farmers division....
Zurich Insurance: Farmers' Momentum Supports A Buy