UBS has maintained a "Neutral" rating for Zurich Insurance, setting a target price of 475 Swiss francs, citing positive financial trends and capital flexibility from its Farmers Group subsidiary. However, the property and casualty insurance segment's turnover growth fell short of expectations. Zurich shares rose 1.2% to CHF 526.60, reflecting a 26.8% increase in 2024, with a downside potential of 9.80% relative to the target price. Q4 2024 results are anticipated on February 6, 2025.