Munich Re and Indeminity Company to provide capacity for Converium
Converium has agreed with National Indemnity Company and Munich Re that, with effect from 16 September 2004, the latter two companies and their associates will provide security for Converium's full share of all risks underwritten by Global Aerospace on behalf of the Global pool.
Global Aerospace said in a statement that Converium and its associates will cease to act in a policy-issuing role, but will retain an interest in the business. “Our clients and brokers will have theOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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