ZURICH INSURANCE GROUP LTD 
Investor Day 2022
16 November 2022
Zurich Insurance Group
Agenda
TIME | TOPIC | SPEAKER |
10:30 - 11:10 | Strategy | Mario Greco |
11:10 - 11:45 | Customer | Conny Kalcher |
11:45 - 12:45 | Lunch break | |
12:45 - 13:25 | Commercial Insurance | Sierra Signorelli |
13:25 - 14:00 | Finance | George Quinn |
14:00 - 14:20 | Coffee break | |
14:20 - 15:20 | Q&A | All |
15:20 - 15:30 | Wrap-up | Mario Greco |
© Zurich
November 16, 2022 | Investor Day | 2 |
Consistent strategy, increased ambition
Investor Day 2022
16 November 2022
Mario Greco
Group Chief Executive Officer
STRATEGY
Key messages
Focused execution
Reduced volatility
Customer centricity
ESG leadership
Increased ambition
© Zurich
We have demonstrated resilience, adaptability and focused execution over the previous two strategic cycles and are well on track to exceed all targets for the 2020-2022 period
We have reduced capital and earnings volatility through targeted actions across our businesses, addressing peak exposures and optimizing returns
We are continuing our customer-focused transformation, investing in capabilities and technology to establish meaningful relationships and become the insurer of choice
We are on track to become one of the most responsible and impactful businesses in the world, placing sustainability at the core of our organization and stakeholder interactions
We will continue to pursue an ambitious agenda for the 2023-2025 cycle, leveraging our technical strengths and delivering on our strategic vision
November 16, 2022 | Investor Day | 4 |
STRATEGY
On track to exceed all targets, outperforming an ambitious plan for the second consecutive strategic cycle
2020-2022 TARGETS | DELIVERING ACROSS ALL OUR BUSINESSES | |||||
• | Reclaimed leading position | |||||
Target | Progress | Commercial | • | Balanced global portfolio and reduced volatility | ||
• | Strengthened technical capabilities | |||||
BOPAT ROE1 | >14% | • | Continued growth and diversification | |||
Retail | • | Invested in customer-focused transformation | ||||
EPS growth2 | ≥5% | • Advanced digitalization of customer experience | ||||
• Continued growth in unit-linked and protection | ||||||
SST ratio3 | ≥160% | Life | • | Executing back book transactions | ||
• Increased return on capital with reduced volatility | ||||||
Cash remittances4 | >11.5bn | • | Further scaled up fee-based earnings | |||
Farmers | • | Diversified geographic footprint | ||||
• | Broadened distribution | |||||
© Zurich
- Annualized business operating profit after tax return on equity, excluding unrealized gains and losses.
- Compound organic earnings per share growth rate, before capital deployment, over the period 2020-2022.
- Estimated Swiss Solvency Test (SST) ratio, calculated based on the Group's internal model approved by the Swiss Financial Market Supervisory Authority FINMA.
- Includes cash remittances for FY-20,FY-21 and FY-22e.
November 16, 2022 | Investor Day | 5 |
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Zurich Insurance Group AG published this content on 16 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2022 05:57:04 UTC.
