Zenith Subsidiaries 'A-' Rating Affirmed By Fitch

Fitch Ratings has affirmed the 'A-' insurer financial strength ratings of Zenith National Insurance Corp.'s (Zenith National) three insurance subsidiaries, Zenith Insurance Company (Zenith Insurance), ZNAT Insurance Company and Zenith Star Insurance Company. Fitch has also affirmed Zenith National's long-term issuer rating of 'BBB-', convertible senior note rating of 'BBB-' and the 'BB+' rating of Zenith National Insurance Capital Trust I securities. The Rating Outlook has been revised to Stable from Negative. The revised Outlook reflects improved profitability driven by more favorable underwr...