Converium Holding AG
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Converium Holding AG (NYSE: CHR) primarily provides reinsurance products in Europe, Asia, the Middle East, and Latin America through its parent holding company and through various subsidiaries. It is currently based in Zug, Switzerland and was founded in 1995.[1] The current CEO is Ms. Inga K. Beale, who has held that position since early 2006.[1]
The company strives to create a uniform operational and organizational model in its multi-national global offices. [2]
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[edit] Products
It offers a variety of life and non-life reinsurance lines including most standard liability products and some special liability products including worker's compensation. It also offers many life and health insurance lines.[1]
The company maintains an alliance with the Medical Defence Union and Global Aerospace Underwriting Managers, Ltd to support their business concerns.[1]
[edit] Components
Converium is a member of the following stock indices:
- NYSE Composite Index (New Method) (NYA)[1]
- NYSE Financial Sector Index (NYK)[1]
- Dow Jones Switzerland Titans 30[3]
[edit] Ratings
The company suffered a series of downgrades in 2004, despite good business performance.[4] The company lashed out at ratings agencies saying that the downgrades "harmed our franchise". [5]
[edit] References
- ^ a b c d e f Yahoo Financials - Converium Holding AG Profile
- ^ Julie Gallagher (2003), "Bridging IT Globally", Insurance & Technology
- ^ Dow Jones Index - Country Titans Indexes
- ^ Charles E. Boyle (2004), "European Insurance Summit 2004 Offers Some Words to Live By", Insurance Journal
- ^ Cyril Yuohy (2004), "Summit spat: Converium fires back at agencies", Risk & Insurance
[edit] External links
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