Standard & Poor’s has upgraded Swiss Re’s rating
The rating agency Standard & Poor’s (S&P) has upgraded Swiss Re’s rating from A+ to AA-, estimating that the Swiss reinsurer has a better positioning on the market, a good capital level and a solid life and non-life performance. S&P has nevertheless underscored that life business profitability is down in comparison with that of non-life. According to S&P forecasts, Swiss Re is going to report solid profits for the entire year 2011.
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Fri, 29/03/2013 - 15:55
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