S&P affirms Converium at BBB+, outlook stable
Standard & Poor's Ratings Services has affirmed its 'BBB+' long-term counterparty credit and insurer financial strength ratings of Converium. At the same time, S&P affirmed all ratings on the guaranteed operating entities of the Converium group (Converium).
The ratings reflect Converium's good competitive position, notwithstanding franchise damage resulting from Converium placing its US operations into run-off in 2004 and the reinsurance industry'sOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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