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.
Business Interruption Claims Approach $1M Average, Says Allianz 
Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say 
Florida Supreme Court Approves Board Certification in Insurance Law 
Friend of Suspected FBI Data Thief: ‘Crazy’ Teen Warned Not to Hack Bureau 
