Zurich Financial Services ratings unchanged following in-line full-year results
Standard & Poor's (S&P)Ratings Services said today that its ratings and outlook on Switzerland-based Zurich Financial Services (ZFS) group (core operating entities rated A+/Stable/A-1) are unchanged by the group's release of strong 2003 year-end results.
S&P said it believed that ZFS would maintain strong earnings through 2004, and predicted that the group would achieve an operating return on equities of at least 10%, a property/casualty combinedOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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