S&P takes Converium off negative watch after restatements
Standard & Poor's Ratings Services has affirmed its 'BBB+' long-term counterparty credit and insurer financial strength ratings on Switzerland-based reinsurer Converium AG and the guaranteed operating entities of the Converium group (Converium).
At the same time, all ratings were removed from CreditWatch, where they had been placed with negative implications on Nov. 4, 2005. The outlook is stable.
"Resolution of the CreditWatch placement
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