Zurich Financial Services AG Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: Z13A7D34332BEN
BAC Reports

Abstracts

Zurich Financial Services AG Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Zurich Financial Services AG and its competitors. This provides our Clients with a clear understanding of Zurich Financial Services AG position in the Industry.

• The report contains detailed information about Zurich Financial Services AG that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Zurich Financial Services AG. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Zurich Financial Services AG financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Zurich Financial Services AG competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Zurich Financial Services AG business.

About Zurich Financial Services AG

Zurich Financial Services provides insurance-based financial services. The company has a network of subsidiaries and offices in North America, Europe, Asia Pacific, Latin America and other markets. It serves customers in approximately 170 countries.

The company offers a range of general and life insurance products and services for individuals, small businesses, mid-sized and large companies, and global corporations seeking domestic or international cover. It also distributes non-insurance products, such as mutual funds, mortgages and other financial services products, from selected third-party providers.

Segments

The company's segments include: General Insurance business; Global Life business; Farmers Management Services; and Other Businesses.

General Insurance business

The General Insurance Segment serves the property-casualty insurance needs of a range of customers, from individuals to small and medium-size businesses, commercial enterprises and major multinational corporations.

The segment provides property and casualty products and services for individual and commercial customers through four businesses. Europe General Insurance offers personal and commercial products in its key markets of Germany, Italy, Spain, Switzerland and the United Kingdom, with a presence in Austria, Ireland and Portugal, and operations in Israel, Morocco, Russia and Turkey. North America Commercial serves small and mid-sized businesses with standard and specialty lines of business in the United States and Canada. Global Corporate offers risk management services to large corporations and multinational companies. International Businesses embraces five regions – Latin America, Southern Africa, Australia, Japan, and Greater China/Southeast Asia – which position it to act as a growth engine in the future.

Global Life business

Global Life concentrates on three regions – Europe, the United States and emerging markets. Its global focus is on unit-linked and protection products. It also serves customer segments in family protection, equity-based savings, pension provision, post-retirement, wealth accumulation, wealth protection and inheritance. Propositions are distributed through agents, brokers, independent financial advisers, banks and credit unions. In Germany, Italy and Spain, it partners with Deutsche Bank, which positions it as its supplier of life insurance products. In key emerging markets, Global Life is a provider of life insurance and savings products, particularly for international investors and global expatriate populations.

Farmers Management Services

The Farmers Management Services Segment which through Farmers Group, Inc. and its subsidiaries (FGI) provides nonclaims related management services to the Farmers Exchanges, prominent writers of personal lines and small commercial lines business in the United States.

FGI provides homeowners, auto and life insurance with approximately 20 million policies. It also provides business insurance, with a focus on the small commercial market. Farmers Management Services consists of the management services provided by Farmers Group, Inc. and its subsidiaries to the Farmers Exchanges, which the company manages but do not own.

Other Businesses

Other Businesses includes Farmers Re, which provides reinsurance to the Farmers Exchanges, Centre and capital markets and banking activities.

Significant Events

Acquisitions: In January 2007, the company purchased the remaining shares in the insurance intermediary Endsleigh Limited (Endsleigh) in the United Kingdom.

In March 2007, the company purchased 100% of the surety writer ACC Seguros y Reaseguros de Daños, S.A in Spain.

In July 2007, the company acquired a 24.51% equity interest in Best Harmonious Insurance Brokers Company, Ltd., a nationally licensed Chinese insurance brokerage firm domiciled in Beijing.

In July 2007, the company, through its fully owned subsidiary FGI acquired 100% of Bristol West Holdings, Inc. (Bristol West) in the United States.

In September 2007, the company acquired 100% of Wrightway Underwriting Limited, an underwriting agency in Ireland.

In November 2007, the company acquired 100% of Real Garant Versicherung AG, a car warranty insurer based in Germany.

Divestments: In February 2007, the company divested all of its shares in Truckwriters, Inc. in the United States, a specialist insurer for the trucking industry. In Australia, it sold Finium Trustee Limited and the Zurich Master Super Fund in May and June 2007 respectively, both companies being part of its Australian superannuation business. In October 2007, the company sold its shares in Valiant Insurance Company in the United States. In November 2007, the company sold its interest in two financial service businesses in Australia. In November 2007, the company divested all of its shares in Risk Enterprise Management Limited, a property and casualty claims and risk management services provider in the United States.

Zurich Financial Services, in February 2009, created a real estate practice that would focus on the risk management needs of commercial real estate owners and managers in North America. Zurich would offer new bundled insurance protection that would cover property, casualty and specialty risks.

History

Zurich Financial Services was founded in 1872.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. ZURICH FINANCIAL SERVICES AG COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. ZURICH FINANCIAL SERVICES AG BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. ZURICH FINANCIAL SERVICES AG SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. ZURICH FINANCIAL SERVICES AG FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. ZURICH FINANCIAL SERVICES AG COMPETITORS AND INDUSTRY ANALYSIS

5.1. Zurich Financial Services AG Direct Competitors
5.2. Comparison of Zurich Financial Services AG and Direct Competitors Financial Ratios
5.3. Comparison of Zurich Financial Services AG and Direct Competitors Stock Charts
5.4. Zurich Financial Services AG Industry Analysis
5.4.1. Industry Snapshot
  5.4.2. Zurich Financial Services AG Industry Position Analysis

6. ZURICH FINANCIAL SERVICES AG NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. ZURICH FINANCIAL SERVICES AG EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. ZURICH FINANCIAL SERVICES AG ENHANCED SWOT ANALYSIS²

9. SWITZERLAND PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. ZURICH FINANCIAL SERVICES AG IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. ZURICH FINANCIAL SERVICES AG PORTER FIVE FORCES ANALYSIS²

12. ZURICH FINANCIAL SERVICES AG VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Zurich Financial Services AG Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Zurich Financial Services AG 1-year Stock Charts
Zurich Financial Services AG 5-year Stock Charts
Zurich Financial Services AG vs. Main Indexes 1-year Stock Chart
Zurich Financial Services AG vs. Direct Competitors 1-year Stock Charts
Zurich Financial Services AG Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Zurich Financial Services AG Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Zurich Financial Services AG Key Executives
Zurich Financial Services AG Major Shareholders
Zurich Financial Services AG History
Zurich Financial Services AG Products
Revenues by Segment
Revenues by Region
Zurich Financial Services AG Offices and Representations
Zurich Financial Services AG SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Zurich Financial Services AG Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Zurich Financial Services AG Capital Market Snapshot
Zurich Financial Services AG Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Industry Statistics
Zurich Financial Services AG Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Zurich Financial Services AG Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?