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Company Profile for Converium Holding Ltd.


Converium is an independent international multi-line reinsurer known for its innovation, professionalism and service. In 2004, Converium wrote US$ 3,553 million in net reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  premiums. Today, the company employs about 650 people in 20 offices around the globe.

The Converium's shares are listed on the SWX Swiss Exchange SWX Swiss Exchange

An all-electronic securities exchange formed from the 1995 merger of exchanges in Geneva, Basel, and Zurich. The exchange offers trading in equity securities, investment funds, exchange-traded funds, bonds, Eurobonds, and options.
 under the trading symbol CHRN CHRN Certified Hyperbaric Registered Nurse
CHRN Canadian Harm Reduction Network (Toronto, Ontario, Canada)
CHRN Commonwealth Human Rights Network
CHRN Child Health Research Network
CHRN Citizens for a Healthy Rural Neighborhood
 and the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 (trading symbol CHR CHR

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). Converium is rated "BBB BBB

A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above.
+" by Standard & Poor's and "B++" by A.M. Best.
Company:                    Converium Holding Ltd

Headquarters Address:       Baarerstrasse 8
                            Zug 6300
                            Switzerland

Main Telephone:             +41 44 639 9335

Website:                    www.converium.com

Ticker:                     CHRN(SWX);CHR(NYSE)

Type of Organization:       Public

Industry:                   Professional Services: Insurance

Earnings Release Dates:     1st Quarter: March 1, 2005
                            2nd Quarter: August 9, 2005
                            3rd Quarter: May 10, 2005
                            4th Quarter: November 8, 2005

Key Executives:             CEO: Clarke Terry G.

Investor Relations
Contact:                    Zuzana Drozd
Phone:                      +41 44 639 9120
Email:                      zuzana.drozd@converium.com

Public Relations
Contact:                    Esther Gerster
Phone:                      +41 44 639 9122
Email:                      esther.gerster@converium.com
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 24, 2005
Words:169
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