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.
Florida Insurance Costs 14.5% Lower Than Would Be Without Reforms, Report Finds 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch From This Issue
