Converium, the multiline reinsurer, announced it has changed its name and elected a new board of directors to replace its prior board members, all of whom stepped down effective as of an extraordinary general meeting today.
The company name was changed from Converium Holding AG to SCOR Holding (Switzerland) Ltd. The SCOR Group holds 96.32 percent of Converium's share capital and has controlled Converium as the principal shareholder since Aug. 8.
A total of 20 shareholders attended the meeting, held at Converium's headquarters in Zurich, Switzerland. They represented 143.26 million voting shares, or 97.66 percent of share capital, the company said.
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