Ratings on ZFS Group Core Entities Lowered to 'AA-' and Removed From CreditWatch Feb 02
Standard & Poors, February 2002
Abstract
FRANKFURT (Standard & Poor's) Feb. 15, 2002--Standard & Poor's today lowered its counterparty credit and insurer financial strength ratings on the principal operating entities of the Switzerland-based Zurich Financial Services group (ZFS group) to double-'A'-minus from double-'A'. At the same time, Standard & Poor's lowered its counterparty credit rating on Zurich Group Holding, the Switzerland-based holding company of the ZFS group, to single-'A' from double-'A'-minus. The outlook is stable. The ratings on the members of Zurich Life U.S. (Federal Kemper Life Assurance Co., Kemper Investors Life Insurance Co., and Zurich Life Insurance Co. of America--collectively Zurich Life U.S.) were lowered to double-'A'-minus and remain on CreditWatch with negative implications, pending a review of the degree of explicit support that the...
Action: Various Rating Actions
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Research type: News
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- Zurich Group Holding
- Deutsche Bank AG
- Kemper Corp. (Old)
- Zurich Insurance Co. Ltd.
- Maryland Casualty Co.
- Farmers Group Inc.
- Fidelity & Deposit Co. of Maryland
- Zurich International (Bermuda) Ltd.
- Centre Solutions (Bermuda) Ltd.
- Chase Insurance Life Co.
- Centreline Reinsurance Ltd.
- Centre Reinsurance Ltd.
- Centre Reinsurance International Co.
- American Guarantee & Liability Insurance Co.
- American Zurich Insurance Co.
- Zurich American Insurance Co. of IL
- Steadfast Insurance Co.
- Farmers New World Life Insurance Co.
- Chase Insurance Life and Annuity Co.
- Zurich American Life Insurance Co.
- Centre Life Insurance Co.
- Assurance Co. of America
- Colonial American Casualty & Surety Co.
- Maine Bonding & Casualty Co.
- Maryland Insurance Co.
- National Standard Insurance Co.
- Northern Insurance Co. of NY
- Valiant Insurance Co.
- ZC Specialty Insurance Co.
- Mountbatten Surety Co. Inc.
- Centre Reinsurance (U.S.) Ltd.
- Zurich Capital Trust I
- ZCM Matched Funding Corp.
- Zurich Bank
- Zurich Finance (USA) Inc.
- Zurich Lebensversicherungs-Gesellschaft (Zurich)
- Centre Solutions (U.S.) Ltd.
- Centre Insurance Co.
- Zurich American Insurance Co.
- Centre Solutions (Asia) Ltd.
- Centre Insurance International Co.
- Swisscore Ltd.
- Zurich Financial Services (Jersey) Ltd.
- Stadium II Ltd.
- Zurich Capital Markets Inc.
- Zurich Versicherung AG
- Zurich Insurance Group.
- Zurich Capital Markets Asia Ltd.
- Black Diamond Capital Funding I Ltd.
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