Home Compare NN.AS vs ZURN.SW
Stock Comparison · Industry comparison · Insurance - Diversified

NN Group N.V. vs Zurich Insurance Group: Which Stock Looks Stronger in 2026?

NN leads structurally, with profitability as the clearest single gap between the two profiles. Zurich Insurance still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

Profitability is the clearest driver, while stability keeps the result from looking one-way. The overall score gap is 8 points in favour of NN Group N.V..

INDUSTRY COMPARISON

Both operate in: Insurance - Diversified

This comparison is based on industry proximity, not on functional trajectory similarity. NN.AS and ZURN.SW share the same industry classification.

For a similarity-based comparison, see how NN and Zurich Insurance each position within their functional peer groups in AssetNext.

Peer-Relative Score
NN.AS
NN Group N.V.
70
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
ZURN.SW
Zurich Insurance Group AG
62
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in profitability.

Dimension spread: NN.AS vs ZURN.SW Profitability 93 39 Stability 28 79 Valuation 84 80 Growth 57 54 NN.AS ZURN.SW
Gap Ranking
#1 Profitability +54
#2 Stability +51
#3 Valuation +4
#4 Growth +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for NN.AS and ZURN.SW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer NN.ASZURN.SW Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Zurich Insurance Group AG.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where NN.AS and ZURN.SW each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY NN.AS Elevated · above norm 0th 50th 100th 1 pct gap ZURN.SW Elevated · below norm 0th 50th 100th 99th 98th
NN.AS (99th percentile) and ZURN.SW (98th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, NN Group N.V. ranks near the top of the group; Zurich Insurance Group AG sits in the weaker half.
Stability
On stability, the gap still runs the same way: Zurich Insurance Group AG sits near the top of the group, while NN Group N.V. remains in the weaker half.
Profitability — Dominant Gap
NN.AS
93
ZURN.SW
39
Gap+54in favour of NN.AS

The profitability lead is mainly driven by a 16.8-point operating margin advantage.

What keeps the gap from being one-sided

Stability still tilts materially toward Zurich Insurance Group AG, which stops the result from looking dominant across the whole profile.

What this means for the comparison

Profitability points more clearly to NN Group N.V., but stability and current pricing keep the broader result mixed.

Explore full peer positioning in AssetNext

Break down the NN.AS vs ZURN.SW comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how NN.AS and ZURN.SW each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.