/ 20 September 2000

SA EAGLE GETS AA DOMESTIC CLAIMS RATING

RATINGS agency Duff & Phelps Africa has accorded South African Eagle Insurance Co a domestic claims paying ability rating of AA – among the highest ratings accorded to a local insurer, defining it as an organisation with a very high claims-paying ability. SA Eagle got the rating on the basis of its good risk diversification, strong management and well-balanced investment portfolio, as well as the increased involvement of parent Zurich Financial Services Group, the agency said. – Reuters