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A.M. Best Revises Outlook to Positive for Zale Indemnity Company and Zale Life Insurance Company

2015-11-18 23:38:53| Jewelry - Topix.net

The ratings for Zale Indemnity, which acts as a captive insurer for the customers of its intermediate parent, Zale Corporation , reflect the strong underwriting and operating results generated over the long term, as well as its solid risk-adjusted capitalization and the role of the company in providing complementary insurance services for the customers of its parent's jewelry operations. Zale Corp. was acquired by Signet Jewelers, Ltd in 2014 with Zale's Jewelry stores continuing to be managed as a separate brand.

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