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⚠️ Not investment advice. Past performance does not guarantee future results.
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Zurich Insurance Group ZURN.SW

Switzerland Financial Services
6.6/10
AI Analyst score
582.60 CHF
Last price at analysis date · analyst target 609.40 (+4.6%)
🛒 Where to buy ZURN.SWPartner brokers · Switzerland · sample 200.00 € orderSwitzerland
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🟡 HOLD — Hold the position; fundamentals are solid and valuation is reasonable, although growth is already priced in.

Zurich Insurance Group is a diversified insurer offering life, non-life, and reinsurance solutions to retail and corporate clients globally. Zurich presents solid financial health (7.08) with a 25.7% ROE, a reasonable valuation (P/E 14.3) and stable double-digit growth, backed by an attractive 4.12% dividend yield.

Financial health
7.1
Quality / Moat
5.5
Valuation
4.8
Growth
6.6
Dividend
7.1
Momentum
5.4
Risk & Context
8.9

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E14.30
Fwd P/E13.68
EV/EBITDA7.70
P/B3.67
P/S1.36
PEG9.87
Market cap87.02 B CHF
Enterprise value87.59 B USD
🏰 Quality and moat
ROIC (approx.)25.3%
Gross margin24.29%
FCF conversion-4%
Operating margin14.42%
📈 Profitability and margins
ROE25.70%
ROA1.74%
Net margin9.38%
FCF-445.5 M USD
FCF yield-0.43%
🏦 Solvency and liquidity
Total debt15.36 B USD
Net debt-17.12 B USD
Cash32.48 B USD
EBITDA11.38 B USD
Net debt / EBITDA-1.50
D/E46.42
Current ratio27.19
Quick ratio17.82
🚀 Growth
Revenue growth11.30%
Earnings growth10.20%
EPS (TTM)40.74 CHF
EPS (Fwd)42.57 CHF
💰 Dividend and risk
Dividend yield5.15%
Payout76.8%
Beta0.31
Analyst consensusHold (13)
Target price609.40 CHF
52-week range521.00 CHF – 626.00 CHF
⚠️ Main risk: The main risk is pressure on underwriting margins in the data center segment, as the company itself warns, and potential capacity saturation in that niche.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Zurich Insurance Group is a diversified insurer offering life, non-life, and reinsurance solutions to retail and corporate clients globally. Zurich presents solid financial health (7.08) with a 25.7% ROE, a reasonable valuation (P/E 14.3) and stable double-digit growth, backed by an attractive 4.12% dividend yield.

Score by category

CategoryScore
Financial health7.1
Quality / Moat5.5
Valuation4.8
Growth6.6
Dividend7.1
Momentum5.4
Risk & Context8.9

OVERALL SCORE: 6.6/10

Context and risks

No material exposure to geopolitical or regulatory factors affecting other sectors. Interest rate risk is managed by the insurance business model.

News considered in the analysis

  • AIG names Sierra Signorelli CEO for Americas and global insurance — Movimiento de un competidor directo en el mercado de seguros de América, pero sin impacto cuantificable en los fundamentales de Zurich.
  • Zurich Insurance Group AG (ZFSVF) (Q2 2026) Earnings Call Highlights: Record Profits and ... — Los resultados récord ya son públicos y ampliamente cubiertos; el mercado ya los ha descontado en el precio.
  • Zurich Insurance profit beats estimates as Life growth offsets claims — El beneficio supera las estimaciones, impulsado por el crecimiento de Vida. Noticia positiva ya reflejada en el precio tras su publicación.
  • Zurich warns data centre boom is outpacing insurance capacity – report — Advertencia sobre la capacidad de suscripción en centros de datos, un riesgo de mercado que podría presionar los márgenes en el futuro.
  • Zurich Insurance ties up with YAS to cover robots in Hong Kong — Nueva alianza para cubrir robots en Hong Kong, una oportunidad de crecimiento en un segmento emergente.

Verdict: Hold the position; fundamentals are solid and valuation is reasonable, although growth is already priced in.

Main risk: The main risk is pressure on underwriting margins in the data center segment, as the company itself warns, and potential capacity saturation in that niche.

Other Financial Services companies

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.