|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||447.90 - 452.30|
|52 Week Range||376.00 - 461.70|
|Beta (5Y Monthly)||0.65|
|PE Ratio (TTM)||13.81|
|Earnings Date||Feb 09, 2023|
|Forward Dividend & Yield||22.00 (4.88%)|
|Ex-Dividend Date||Apr 08, 2022|
|1y Target Est||488.88|
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Most readers would already be aware that Zurich Insurance Group's (VTX:ZURN) stock increased significantly by 6.4% over...
ZURICH/LONDON (Reuters) -Zurich Insurance Group set more ambitious financial targets for the next three years on Wednesday as insurers benefit from rising premium rates. Insurers globally have faced losses from unexpected events such as the COVID-19 pandemic, the war in Ukraine and large natural catastrophes. "We are extremely adaptable and we're extremely agile and fast in responding and we are resilient," CEO Mario Greco told Reuters.
ZURICH/LONDON (Reuters) -Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, Europe's fifth-largest insurer said on Thursday, though it remains on track to beat its 2020-2022 financial targets, helped by premium rate rises. Insurers face potential losses of up to $60 billion from Hurricane Ian, which ravaged Florida and the Carolinas in September in what could be the second-largest natural catastrophe loss in U.S. history. Climate change is contributing to greater losses from natural catastrophes for insurers, and some of them are backing away from covering the risk, particularly in hurricane or wildfire-prone areas.