Zurich Outlines New Financial Targets
The Zurich Insurance Group plans to present its financial strategy for the 2025 to 2027 period in Novemberone year ahead of the conclusion of the current planwhich runs until 2025. This will take place on November 21 at an Investor Day in Londonaccording to a statement released on Thursday.
«Zurich is well on track to surpass all current targets and believes that market developments offer further attractive opportunities,» the insurer wrote. «The new plan will outline how the group intends to seize these opportunities.»
The Investor Day was originally scheduled for November 20.
Equity return target already exceeded
In the current strategic periodZurich had set a target of 20 percent return on equity relative to operating profit. For 2023the company reported a return of over 23 percentand in the first half of 2024this figure reached 25 percent.
Zurich had also set a goal to grow profits by 8 percent annuallywhich it recently exceeded with a 10 percent increase. The company’s dividend payout guidance stands at 75 percent of annual earnings.
The financial results for 2025 will be reported in comparison to both the current and new plansaccording to the statement.
