Zurich Insurance raises return on equity targets, shares hit 23-year high
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2024
0mins
Source: Reuters
Zurich Insurance's New Targets: Zurich Insurance has raised its return on equity targets, aiming for over 23% between 2025 and 2027, and plans to generate more than $19 billion in cash during the same period, leading to a significant rise in its stock price.
Growth Strategies: The company is focusing on enhancing profitability in commercial and life insurance sectors through improved underwriting, portfolio management, and leveraging technology, while consolidating its protection business under a global unit.
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.
