Defendant Name: SCOR Holding (Switzerland) Ltd., formerly known as Converium Holding AG

Defendant Type: Public Company
SIC Code: 6331
CUSIP: 80918K10

Document Reference: 33-8988

Document Details

Legal Case Name In the Matter of SCOR Holding (Switzerland) Ltd., formerly known as Converium Holding AG
Document Name Order Instituting Cease-and-Desist Proceedings Pursuant to Sections 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date 11-Dec-2008
Document Format Administrative Proceeding
File Number 3-13307
AAER 2909
Allegation Type Issuer Reporting and Disclosure
Document Summary On December 11, 2008, the SEC instituted settled cease-and-desist proceedings against SCOR Holding (Switzerland) Ltd. stating: "Converium engaged in a fraudulent scheme to improperly inflate its financial performance through the use of finite reinsurance transactions. "

Disgorgement & Penalty Information

Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution

Related Documents:

2008-292 11-Dec-2008 Press Release--Administrative Proceeding
Zurich Financial Services, Converium Holding AG Settle Reinsurance Fraud Charges
The SEC " announced settled civil securities fraud charges against . . . Converium Holding AG, now known as SCOR Holding (Switzerland) AG, relating to finite reinsurance transactions."

Related Actions:

SEC v. Zurich Financial Services
In the Matter of Zurich Financial Services