The “AA” insurer FSR and counterparty credit rating of Zurich Ruckversicherung, also known as Zurich Re, were affirmed by S&P, reflecting the strategic importance of Zurich Re to the Zurich Financial Services Group as well as the strength of both its capital adequacy and business position. Partially offsetting those factors was the company’s marginal operating performance in recent years and the commoditized nature of some of the markets in which it operates. The outlook is negative.
Was this article valuable?
Here are more articles you may enjoy.
NAIC Victim of Cyber Incident Via PeopleSoft System 
NAIC Says Data Taken in Hack Has Been Published Online 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
Ship Insurers Set for Major Claims From Iran War, Allianz Says From This Issue
