Moody's Downgrades Swiss Re; Outlook Stable
NU Online News Service, May 27, 3:50 p.m. EDT?Moody's Investors Service has downgraded various ratings of Swiss Reinsurance Company and its subsidiaries by one notch, citing several challenges facing the reinsurer including the non-life reinsurance cycle reaching its cyclical peak.[@@]
The ratings actions included the downgrade of Swiss Re's insurance financial strength and senior debt ratings to "Aa2" and the subordinated debt rating to "A1." Additionally, Swiss Reinsurance America Corporation's insurance financial strength and guaranteed senior debt ratings were also lowered to "Aa2" while its guaranteed subordinated debt rating fell to "A1." All ratings now have a "stable" outlook, Moody's noted.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
