News – Page 512
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SCOR on negative watch; Converium on positive
Various rating actions have followed the announcement of SCOR's bid to acquire the remaining shares in Converium
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Record results for Odyssey Re; dividend doubled
Odyssey Re is returning some of its record income for 2006 to its shareholders by doubling its annual dividend
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Plumeri welcomes NY TRIA hearing
Willis CEO Joe Plumeri has welcomed a congressional hearing on the extension of the Terrorism Risk Insurance Act
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Everest Re doubles dividend
Everest Re has doubled its regular quarterly dividend following record earnings in 2006
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Converium ratings unaffected by takeover bid
AM Best says Converium's financial strength rating of B++ will remain unchanged
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SCOR acquires 32.94% of Converium
SCOR is not giving up on its bid to acquire Converium and has bought 32.9% of the company's share capital