ACCT 530 Week 6 Case Study 6-10 (SEC and Zurich Financial Services)

ACCT 530 Accounting Ethics and Related Regulatory Issues

(Keller Graduate School - Spring 2016)

Prior to Converium’s IPO, Zurich restructured its reinsurance operations and transferred substantially all of the reinsurance business operated under Zurich to Converium. It is important to know that reinsurance is insurance for insurers. Reinsurance is the practice insurance companies use to transfer the risk of potential liabilities to other insurance companies, called the reinsurer........................................................