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Wright Reports > Company Profile Report > Z > Zenith National Insurance Corporation

Zenith National Insurance Corporation - Company Profile Snapshot

Company Profile: Zenith National Insurance Corporation
Ticker: ZNT
Exchanges: NYSE MSE
2007 Sales: 873,750,000
Major Industry: Financial
Sub Industry: Insurance Companies
Country: UNITED STATES
Employees: 1600

Business Description
Zenith National Insurance Corporation. The Group's principal activity is to manage insurance and investment risk. The Group operates in four segments: Worker's Compensation, Reinsurance, Investment and parent. Workers' compensation provides coverage for the statutory benefits that employers are required to provide to their employees injured in the course of employment. Reinsurance is a transaction between insurance Companies in which an original insurer or ceding company remits premiums to a reinsurer or assuming company as payment for the reinsurer's assumption of a portion of the risk. Reinsurance operation participates in assumed reinsurance transactions in which the reinsurance coverage being purchased by the ceding company is shared among a number of assuming companies. Investments department invests the funds available by our capital and the cash flows from our insurance operations.

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