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ZURN - Zurich Insurance AG News Story

CHF309.5 -4.7  -1.5%

Last Trade - 29/05/20

Sector
Financials
Size
Large Cap
Market Cap £38.84bn
Enterprise Value £43.43bn
Revenue £55.33bn
Position in Universe 25th / 1052

BUZZ-European Insurance: JPM sees Zurich most defensively positioned

Fri 27th March, 2020 8:27am
** JP Morgan says it remains very confident that European
insurers' balance sheets are very solid and that their
diversified business mix positions them well despite the more
uncertain outlook
    ** The brokerage sees Zurich Insurance Group  ZURN.S 
("overweight"} as the most defensively positioned, due to strong
balance sheet and relatively low risk-investment portfolio vs
peers
    ** Adds that it see the company less exposed to very low
rates in Europe, remains top pick for JPM
    ** The brokerage says AXA's  AXAF.PA  ("overweight") stock
is oversold and do not see any material risk to AXA’s dividend
at the moment
    ** JPM says Allianz  ALVG.DE  and Generali  BGN.MI 
("overweight") have strong capital positions at the moment and
do not see material risks to their balance sheet and dividends
    






 ((Tommyalexander.lund@thomsonreuters.com))
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