NU Online News Service, April 17, 12:47 p.m. EDT
Zurich Financial Services Group announced today that through a share offering it had raised CHF 1.26 billion ($1.08 billion) towards the $1.9 billion purchase by its Farmers Group subsidiary of 21st Century Insurance from American International Group.
Meanwhile, Moody's Investors Service said it had affirmed the Zurich Insurance Company and Farmers Insurance Group financial strength and debt ratings.
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