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Zurich Insurance Group AG (Zurich Insurance Group AG) Altman Z-Score


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The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Zurich Insurance Group AG (Zurich Insurance Group AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zurich Insurance Group AG (OTCPK:ZFSVF) » Definitions » Altman Z-Score
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XSWX:SLHN XSWX:HELN XSWX:BALN XSWX:VAHN BRK.A XPAR:CS AIG MIL:G ACGL TSX:SLF OHEL:SAMPO XTER:TLX LSE:AV. BSP:BBSE3 XAMS:NN OCSE:TRYG EQH XAMS:AGN XAMS:ASRNL BOM:540716
Traded in Other Exchanges
ZURVY:USA ZURN:Mexico ZURNz:UK 0QP2:UK ZFI1:Germany ZURN:Switzerland
Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
Website
https://www.zurich.com
Zurich is a multiline insurer that writes business across both life and non-life insurance and also owns Farmers Management Services. The company was founded in 1872, originally as a marine reinsurer, to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling that would be damaging to both customers and Zurich. Over the years Zurich has sought to combine goodwill in claims with a sufficient premium. Zurich is now one of the most successful insurers in Europe.