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.
Best Quarter in a Quarter Century, Says S&P Q3 Analysis of US P/C 
Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes 
SEC to Drop Controversial SolarWinds Cyberattack Lawsuit 
Hackers Strike Ivy League Schools Already Under Political Pressure 
