Converium posts Q3 loss
Converium has posted a third quarter 2004 loss of $116.3m in the wake of its unexpected reserve strengthening following an actuarial review.
The company, which had to boost reserves by $96.4m earlier this year and place part of its business into run-off, said that the result reflected the continuing satisfactory underlying performance ofOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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