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.
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
World’s Growing Civil Unrest Has an Insurance Sting 
Judge Awards Applied Systems Preliminary Injunction Against Comulate 
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial 
