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.
Allstate Introduces Large Language Model, ALLIE 
Ex-VW Engineers Plead Not Guilty to US Insider Trading Charges 
Drivers of Mercedes AMG Cars File Class Action Over Burn Hazard From Logo on Seat 
A Chinese Spyware Tool Operates in 13 Countries, Cybersecurity Firm Says From This Issue
