Converium Holding Ltd. Details On Additional Provisions Due in 4th Quarter 2002 As Per Announced on Oct. 28, 2002.

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Converium Holding Ltd. Details On Additional Provisions Due in 4th Quarter 2002 As Per Announced on Oct. 28, 2002.

Business Editors

ZUG, Switzerland--(BUSINESS WIRE)--Nov. 19, 2002

Converium Group, one of the world's leading reinsurers, today updates on the additional provisions for prior years' liability lines written by Converium North America in 1997 to 2000 to be recorded in the fourth quarter 2002.

The need for these additional provisions was pre-announced on October 28th, 2002 in Converium Group's press release on its t...

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