The Company through its wholly owned subsidiaries Zenith Insurance Company and ZNAT Insurance Company, operates as an insurance company in the United States.
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Strong financials (healthy Operating Profit and Profit Margin increase), and decent ROE make for a solid company. Zenith cut loose their rsiky re-insurance business (after Katrina, etc) and is focused on workers comp. Plus a 5 CAPS rating and selling at a 78% discount. Sounds pretty good. Bought in at 34.49 and again at 34.75.