Converium deal gets attention of rating agencies
The main ratings agencies have weighed in with comments following Converium’s announcement that it has signed a definitive agreement to sell its North American operations to National Indemnity Company, a Berkshire Hathaway company, for $295m.
AM Best said that the financial strength rating of B++ (Very Good) and the issuer credit rating of “bbb+” of Converium and its main subsidiaries remain unaffected following the announcement of the
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