Zurich eyes to surpass 23% ROE in next three years

It also aims to achieve core EPS with a CAGR of over 9%.

Zurich Insurance Group’s three-year plan for 2025 to 2027 includes achieving a core return on equity that will exceed 23%.

“Zurich is performing exceptionally well, generating market-leading shareholder returns, but we see new opportunities to accelerate our success story,” Mario Greco, Group CEO said in a statement.

The group revealed on Investor Day its most ambitious targets yet for 2025-2027. 

Zurich also aims to achieve core earnings per share (eps) with a compound annual growth rate of over 9% and cumulative cash remittances exceeding $19b.  

To achieve these goals, Zurich aims to strengthen its commercial insurance operations, enhance retail profitability and customer loyalty, expand its life protection business globally, and support the sustainable transformation of Farmers Exchanges.  

For Commercial Insurance, Zurich targets a business operating profit of more than $4.2b by 2027 and aims to grow Middle Market gross written premiums beyond $10b. Improvements in underwriting discipline and portfolio quality are central to this strategy.  

In the Retail and SME segments, Zurich plans to enhance profitability through better underwriting, improved portfolio mix, and leveraging technology. 

Life business aims to achieve an 8% compound annual growth rate in protection gross written premiums whilst expanding its unit-linked, capital-light offerings. 

The protection segment, which contributes nearly 60% of Life’s operating profit, will operate as a single global unit to boost underwriting and pricing excellence.  

Farmers Exchanges, meanwhile, plans sustainable mid-single-digit premium growth by improving its policy base and maintaining profitability.  

“I’m convinced that we will continue to create significant value for our customers and our shareholders,” Greco added.