Standard & Poor's Ratings Services has affirmed its 'A' long-term counterparty credit and insurer financial strength ratings on London-based insurer Zurich Specialties London Ltd. (ZSL).
At the same time, the ratings were removed from CreditWatch, where they had been placed on 17 February, 2005, with negative implications. The outlook is negative.
ZSL is wholly owned by Zurich Financial Services group (ZFS; main operating entities are rated A+/Negative/A-1).
