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Zenith Reassures Investors About Portfolio

Friday, October 3, 2008 | 0

IZenith National Insurance publicized its investment portfolio Thursday detailing its investments in the companies that have experienced a crisis in recent months.As of Sept. 19, Zenith's investment portfolio had a fair value of $2.1 billion, representing 97% of amortized cost, the corporation said. The fair value of the investment portfolio decreased from June 30,  to Sept. 19 by approximately 3%, Zenith said.Zenith's amortized cost in American International Group (AIG) was $29.4 million, with a fair value of $18.3 million. Amortized cost in Citigroup was $9.6 million and the fai...

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