Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $274.67 USD
Change Today 0.00 / 0.00%
Volume 0.0
ZFSVF On Other Exchanges
Symbol
Exchange
OTC US
OTC US
Xetra
SIX Swiss Ex
Frankfurt
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

zurich insurance group ag (ZFSVF) Key Developments

RSA Seeks Extension In Takeover Talks

RSA Insurance Group plc (LSE:RSA) is in talks of a takeover deal proposed by Zurich Insurance Group Ltd (SWX:ZURN). RSA is seeking to ask the takeover panel to extend the deadline. Both sides are still engaged in the negotiations and the situation could change quickly before 5pm, August 25, 2015, by which time Zurich must make a formal bid, walk away for at least six months or have RSA request more time.

Zurich Insurance Group Ltd, H1 2015 Pre Recorded Earnings Call, Aug 06, 2015

Zurich Insurance Group Ltd, H1 2015 Pre Recorded Earnings Call, Aug 06, 2015

Zurich Insurance Group Ltd Reports Earnings Results for the Second Quarter and First Half Ended June 30, 2015; Reports Impairment Charges on Goodwill for the Second Quarter Ended June 30, 2015

Zurich Insurance Group Ltd. reported earnings results for the second quarter and first half ended June 30, 2015. For the quarter, the company reported operating profit of $943 million is 24% lower than in the prior year quarter, with net income attributable to shareholders of $840 million flat compared to second quarter of 2014. For the first half, the company reported net profits of $2.1 billion, down 3% over the same period last year, following large losses in its general insurance business. Global GI pre-tax profits fell 31% to $1.17 billion against $1.68 billion with the combined operating ratio deteriorating to 98.3% from 95.6%. Operating profit was $2.2 billion, down 15% from the prior year period on a reported basis and down 10% at constant currency. For the quarter, the company reported impairment on goodwill of $30 million.

AXA Rules Out Bid For RSA

AXA Group (ENXTPA:CS) Chief Executive Officer Henri de Castries ruled out a bid for RSA Insurance Group plc (LSE:RSA). AXA executives said they would stick to their original, small-scale M&A plans in response to questions about whether they might bid for RSA Insurance, that may soon be bought by another player - potentially Zurich Insurance Group Ltd (SWX:ZURN).

Zurich To Sell Stake In Openwork; Sam And Tom To Acquire Stake

Openwork Limited is ready for Zurich Insurance Group Ltd (SWX:ZURN) to its stake in Openwork. Sam Brodbeck and Tom Selby say they are prepared for Zurich to sell its 25% stake and they may consider upping their own share as a result. Zurich has appointed Evercore to explore exit opportunities.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ZFSVF:US $274.67 USD 0.00

ZFSVF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American International Group Inc $58.73 USD -1.61
MetLife Inc $48.42 USD -1.68
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen €162.95 EUR -1.16
Prudential Financial Inc $77.87 USD -2.83
Prudential PLC 1,368 GBp -50.50
View Industry Companies
 

Industry Analysis

ZFSVF

Industry Average

Valuation ZFSVF Industry Range
Price/Earnings 10.9x
Price/Sales 0.6x
Price/Book 1.3x
Price/Cash Flow 10.9x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ZURICH INSURANCE GROUP AG, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.