A.M. Best Affirms Rating of Zurich Specialties London Limited; Assigns Stable Outlook.

Business Editors

OLDWICK, N.J.--(BUSINESS WIRE)--March 3, 2004

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Zurich Specialties London Limited (ZSL ZSL Zoological Society of London (UK)
ZSL Zero Slot LAN
ZSL Zylog Systems Limited (Edison, New Jersey) ) (United Kingdom). The rating has been removed from under review with negative implications, and a stable outlook has been assigned.

The rating reflects ZSL's strategic importance to Zurich Financial Services Zurich Financial Services Group is a major financial services group based in Zurich, Switzerland. Global operations
North America
The US consumer market is served primarily by Farmers Insurance Group the third largest personal lines property & casualty insurance Group (ZFS (1) (Zettabyte File System) A distributed file system from Sun that was added to OpenSolaris in 2005 and Solaris 10 in 2006. With support for 128 bits, compared to 64 for NTFS and other contemporary file systems, storage capacity is unlimited for all practical ) (Switzerland), its excellent capitalisation according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3. A.M. Best's risk-adjusted capital model and ZSL's business profile in specialist London market insurance sectors. Offsetting factors include the 2003 required reserve increase related to discontinued dis·con·tin·ue
v. dis·con·tin·ued, dis·con·tin·u·ing, dis·con·tin·ues

v.tr.
1. To stop doing or providing (something); end or abandon: lines and the potential for further strengthening, although A.M. Best believes that measures undertaken by ZSL make this unlikely. A.M. Best will continue to closely monitor ZSL's reserve position.

A.M. Best expects stronger earnings in 2004 as ZSL's net loss experience improves, leading to a strengthened stand-alone risk-adjusted capitalisation, assuming the current policy of not upstreaming capital is maintained.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com.

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Publication:	Business Wire
Date:	Mar 3, 2004
Words:	188
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