A.M. Best Comments on Ratings of Zurich Financial Services.OLDWICK, N.J. -- A.M. Best Co. has commented that the ratings of 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 (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) and its rated subsidiaries remain unchanged following the announcement of post-tax earnings of USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 4.5 billion at year-end 2006 and the proposal of a CHF CHF In currencies, this is the abbreviation for the Swiss Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1.25 billion (USD 1.0 billion) share buyback, as well as a gross dividend of CHF 11.00 per share (amounting to USD 1.3 billion in total). A.M. Best believes that ZFS' consolidated risk-adjusted capitalisation remains supportive of the current ratings despite the proposed share buyback and the dividend payment. Prospectively, A.M. Best expects ZFS to maintain the current level of risk-adjusted capitalisation. For Best's Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion