Zenith National Insurance Corp. reported an operating loss after tax of $5.1 million, or 30 cents per share, for the third quarter of 2000, compared to an operating loss after tax of $38.8 million, or $2.26 per share, for the third quarter of 1999. The combined ratio for the property-casualty operations was 122.2 percent for the quarter ended Sept. 30, 2000, compared to 126.8 percent for the comparable period in 1999 and 150.5 percent for the second quarter of 2000. The combined ratio for the workers’ comp operations for the quarter ended Sept. 30, 2000, was 125.2 percent, compared to 128.8 percent for the comparable period in 1999, and 140.8 percent for the second quarter of 2000.
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
Wildfire Forces Evacuations Across Top Canadian Wine Region
AI-Native Network American Growth Insurance Makes Heller-Kowitz its First Buy
Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return?
Allstate Q2 Net Income Jumps 56% on Underwriting 


