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