Best Downgrades Converium; Moody's Warns

By Susanne Sclafane

NU Online News Service, July 20, 3:30 p.m. EST?One rating firm said it was doing a review and A.M. Best Co. hit Converium AG with a downgrade today after the company announced it might boost reserves on U.S. casualty business as much as $400 million.[@@]

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