Zurich Insurance operating profit just above forecasts, assesses California wildfires impact
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 20 2025
0mins
Source: Reuters
Zurich Insurance Reports Profits: Zurich Insurance announced an annual operating profit of $7.8 billion for 2024, slightly exceeding analyst expectations, while also addressing the financial impact of climate disasters and proposing the election of Thomas Jordan to its board.
Future Growth and Dividend Policy: The company anticipates a compound annual growth in core earnings per share exceeding 9% from 2025 to 2027, and has proposed an increased dividend of 28 Swiss francs per share, indicating no plans for yearly buybacks due to its current dividend policy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
