Earnings Call Summary | Zurich Insurance Group Ltd Sponsored ADR(ZURVY.US) Q4 2023 Earnings Conference
Earnings Call Summary | Zurich Insurance Group Ltd Sponsored ADR(ZURVY.US) Q4 2023 Earnings Conference
The following is a summary of the Zurich Insurance Group AG (ZURVY) Q4 2023 Earnings Call Transcript:
以下是蘇黎世保險集團股份公司（ZURVY）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Zurich Insurance Group AG reported a 21% increase in BOP to $7.4 billion, indicating a strong start to their new financial cycle.
Earnings per share grew by 12% in US dollars.
In their P&C segment, Zurich saw a 10% increase in gross written premium for commercial and 13% for retail.
BOPAT ROE remained strong at 23.1%.
Proposed dividends at CHF 26, up 8% from the previous year or 19% in US dollar terms, will be supplemented by a CHF 1.1 billion share buyback.
The company's Life business reported a record BOP of $2.1 billion.
Farmers Management Services saw a 10% increase in BOP.
蘇黎世保險集團股份公司報告稱，國際收支增長了21％，達到74億美元，這表明他們的新金融週期開局良好。
以美元計算，每股收益增長了12％。
在財產與保險板塊中，蘇黎世的商業承保保費總額增長了10％，零售業的總承保保費增長了13％。
BOPAT的投資回報率仍然強勁，爲23.1％。
擬議股息爲26瑞士法郎，比上年增長8％，按美元計算增長19％，將輔之以11億瑞士法郎的股票回購。
該公司的人壽業務報告了創紀錄的21億美元國際收支平衡表。
農民管理服務公司的國際收支增長了10％。
Business Progress:
業務進展：
Significant growth was observed in both the P&C and Life business segments, with Management's actions in Farmers showing promising results.
The company anticipates EPS growth of over 10% for the '23 to '25 cycle.
Zurich Insurance is working to grow their brokerage business, creating potential growth opportunities.
The company anticipates strong growth in Life business and Farmers in 2024, aiming to at least match the record BOP achieved in 2023.
Zurich Insurance Group improved their commercial combined by 90 basis points.
The Group continues to prioritize investing and expanding earnings through its capital management strategy.
The company plans to reduce catastrophe exposure in its portfolio while focusing on the benefits from crop for the P&C business.
The company anticipates annual compound growth in EPS exceeding 10%, inclusive of announced buybacks.
Zurich Insurance actively aims to inject growth into its new business CSM and is progressing well with operations in Japan, Australia, Europe, and its Santander JV.
Efforts are accelerating on the Postbank project with Deutsche in Germany.
The company aims to expand the retail side of their business and return to its 2022 trajectory by 2025.
Zurich Insurance continues to pursue opportunities in the qualified institutional market, noticing steady performance in the European region.
財產和保險業務板塊均實現了顯著增長，管理層在農民領域的行動顯示出令人鼓舞的業績。
該公司預計，在23年至25年週期中，每股收益將增長10％以上。
蘇黎世保險正在努力發展其經紀業務，創造潛在的增長機會。
該公司預計，人壽業務和農民將在2024年實現強勁增長，目標至少達到2023年創紀錄的BOP。
蘇黎世保險集團的商業總收入提高了90個點子。
集團繼續通過其資本管理戰略優先投資和擴大收益。
該公司計劃減少其投資組合中的災難風險，同時專注於P＆C業務的作物收益。
該公司預計，包括已宣佈的回購在內，每股收益的年複合增長率將超過10％。
蘇黎世保險積極致力於爲其新業務CSM注入增長，在日本、澳大利亞、歐洲及其桑坦德合資企業的業務進展良好。
與德國德意志銀行合作的項目正在加緊努力。
該公司的目標是擴大其業務的零售方面，到2025年恢復到2022年的發展軌跡。
蘇黎世保險繼續在合格機構市場中尋找機會，注意到歐洲地區的穩定表現。
More details: Zurich Insurance Group Ltd Sponsored ADR IR
更多詳情： 蘇黎世保險集團有限公司贊助的ADR IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。