Ratings agency AM Best said the financial strength rating for Converium Holdings remained unchanged at A (excellent) following the publication of its fourth quarter results. The outlook remains stable.
For the three months ending 31 December 2003, gross written premiums were down 1.5% to $1bn.
Profits also fell for the fourth quarter when compared with 2002, down 30.4% from $80.8m to $56.2m.
Gross written premiums for the full year were up 19.5% to $4.23bn from a figure of $3.53bn for 2002.
Full year profits were increased by three quarters, reaching $185m compared with $106m for 2002.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
