A.M. Best Affirms Credit Ratings of ZEP-RE (PTA Reinsurance Company)
The ratings reflect ZEP-RE’s balance sheet strength, which
ZEP-RE’s return on capital is anticipated to be in the region of 10-11% for 2017, somewhat lower than the company’s five-year average (2012 to 2016) of 12.2%. This is mainly driven by an expected lower level of investment returns on bonds and bank deposits in
The company has a developed set of ERM responsibilities and internal reporting commitments alongside ambitious targets to enhance ERM activity. Nevertheless,
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
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