Zurich's outlook upgraded to positive: Moody’s

U.S.-based Moody’s Investors Service Inc. said that Zurich Insurance Company Ltd.'s profitability is expected to remain resilient through future underwriting and economic cycles, Reinsurance News reported. Moody’s added that Zurich expects to further strengthen its retail property and casualty market position through "significant investment" in technology and customer focus and to grow its middle-market commercial insurance presence in key markets within the U.S., U.K. and Australia.