Zurich confirms 2025-2027 targets at Investor Day, shares fall 2%

Investing.com -- Zurich is hosting its 2025 Investor Day on Tuesday, with the Swiss insurer confirming it remains on track to meet its previously announced 2025-2027 financial targets.

The company reaffirmed its goals of delivering core earnings per share compound annual growth rate of more than 9%, core return on equity exceeding 23%, and cash remittances of over $19 billion, while maintaining a Swiss Solvency Test ratio above 160%.

As anticipated, no new targets were introduced during the event, which is focusing on three strategic growth areas for the company: Middle Market, Retail, and Farmers.

The Farmers segment received particular attention in the presentations, with management expressing confidence that this business can achieve mid-to-high single-digit premium growth.

An appendix chart in the presentation highlighted that Farmers’ losses from California wildfires are significantly lower than what would be expected based on their share of premiums in the market.

Zurich’s shares declined 2% on Tuesday.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.