Added to YB: 2026-01-22
Pitch date: 2026-01-20
ZURN.SW [neutral]
Zurich Insurance Group AG
-0.96%
current return
Author Info
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Company Info
Zurich Insurance Group AG provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.
Market Cap
CHF 102.5B
Pitch Price
CHF 564.20
Price Target
N/A
Dividend
4.88%
EV/EBITDA
12.58
P/E
17.71
EV/Sales
1.63
Sector
Insurance
Category
special_situation
Zurich Insurance (ZURN Switzerland): leaning into specialty with a bold move on Beazley
ZURN.SW (update): Zurich submits improved 1,280p all-cash bid for Beazley (CHF 8.2B, ~10% of market cap). 56% premium to create USD 15B specialty platform w/ mid-20s ROE. Low-teens P/E, sub-2x P/B vs quality franchise. Accelerates specialty strategy but timing risk as cycle may peak.
Read full article (2 min)