A.M. Best Co. issued a brief comment on the earnings announcement from the Swiss-based Converium Group (See IJ Web site Feb.17), indicating that the “consolidated 2003 year-end financial performance of Converium Group falls within expectations.”
Best added that “The financial strength rating of “A” (Excellent) of Converium and its core subsidiaries remains unchanged and the rating outlook remains stable. The ratings were last affirmed on August 29, 2003.”
Was this article valuable?
Here are more articles you may enjoy.
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme 
California Insurance Commissioner Race Has Diverse Field Amid ‘Insurance Crisis’ 
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic? 
