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Fitch rates Converium following Berkshire Hathaway deal

Fitch Ratings has placed Converium's Insurer Financial Strength 'BBB-' (BBB minus) rating on Rating Watch Positive (RWP).

The rating action follows Converium's recent announcement that it has agreed to sell its North American operations to the Berkshire Hathaway Group for $95m in cash. Berkshire Hathaway will also assume

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