Zurich Insurance Group AG (ZUR:CA) Q2 2026 Earnings Call Transcript

Zurich Insurance Group AG (ZUR:CA) Q2 2026 Earnings Call August 6, 2026 7:00 AM EDT Company Participants Adrienne Lim Mario Greco - Group CEO & Member of Executive Committee Claudia Cordioli - Group CFO & Member of Executive Committee Conference Call Participants Michael Huttner - Joh. Berenberg, Gossler & Co. KG, Research Division Fahad Changazi - Kepler Cheuvreux, Research Division Iain Pearce - BNP Paribas, Research Division William Hawkins - Keefe, Bruyette & Woods Limited, Research Division Vinit Malhotra - Mediobanca - Banca di credito finanziario S.p.A., Research Division William Hardcastle - UBS Investment Bank, Research Division Andrew Crean - Bernstein Autonomous LLP Benjamin Cohen - RBC Capital Markets, Research Division Presentation Operator Ladies and gentlemen, welcome to the Zurich Half Year Results 2026 Conference Call. I'm Vicki, the Chorus Call operator. The conference is being recorded. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Adrienne Lim, Head of Investor Relations and Rating Agency Management. Please go ahead. Adrienne Lim Good afternoon, everyone, and welcome to Zurich's First Half Results Call. I have with me our Group CEO, Mario Greco; and our Group CFO, Claudia Cordioli. As a reminder, we will not be taking any questions on the proposed acquisition of Beazley or comment on its results, given we are still 2 separate independent companies. Before I hand over to Mario for some opening remarks, please can I remind you to keep your questions for the Q&A session to a maximum of 2. Over to you, Mario. Mario Greco Group CEO & Member of Executive Committee Thank you, Adrienne. Good afternoon, everyone, and thank you for joining us today. Before we take your questions, I'd like to make a few remarks on our half year results. I'd like to start with 3 messages that I'd like to