Zurich Insurance Group AG (ZFI1) — Tangible Net Worth Ratio

Latest as of December 2025: 77.2%

Zurich Insurance Group AG (ZFI1) has a Tangible Net Worth Ratio of 77.2% as of December 2025. This metric is calculated by deducting intangible assets (€6.87 Billion) from net assets (€30.17 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Zurich Insurance Group AG book value and equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

77.2%
Tangible equity / total equity

Net Assets (Equity)

€30.17 Billion
EUR

Intangible Assets

€6.87 Billion
Goodwill, patents, brand value

Total Assets

€407.21 Billion
EUR

Zurich Insurance Group AG Tangible Net Worth Ratio (2013–2025)

This chart shows how Zurich Insurance Group AG's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 77.2%, reflecting net assets of €30.17 Billion with intangible assets of €6.87 Billion EUR. Also explore Zurich Insurance Group AG (ZFI1) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Zurich Insurance Group AG (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Zurich Insurance Group AG from 2013 to 2025, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Zurich Insurance Group AG.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 77.2% €30.17 Billion €6.87 Billion €407.21 Billion ▲ +1.8 pp
2024 75.4% €26.94 Billion €6.63 Billion €358.00 Billion ▲ +2.0 pp
2023 73.4% €26.28 Billion €6.99 Billion €361.38 Billion ▼ -1.2 pp
2022 74.6% €27.91 Billion €7.09 Billion €377.78 Billion ▼ -7.2 pp
2021 81.8% €39.17 Billion €7.13 Billion €435.83 Billion ▼ -5.0 pp
2020 86.8% €39.85 Billion €5.25 Billion €439.30 Billion ▲ +1.5 pp
2019 85.3% €36.55 Billion €5.36 Billion €404.69 Billion ▲ +2.8 pp
2018 82.5% €31.80 Billion €5.57 Billion €395.34 Billion ▼ -0.9 pp
2017 83.4% €34.89 Billion €5.79 Billion €422.06 Billion ▲ +1.3 pp
2016 82.1% €32.47 Billion €5.82 Billion €382.68 Billion ▲ +53.4 pp
2015 28.7% €32.90 Billion €23.47 Billion €381.97 Billion ▼ -4.8 pp
2014 33.5% €36.83 Billion €24.50 Billion €406.53 Billion ▲ +7.6 pp
2013 25.9% €34.73 Billion €25.75 Billion €415.05 Billion
pp = percentage points