A.M. Best Co. announced that it has assigned a rating of “aa” to the forthcoming Sw.Fr. 300 million ($235 million) senior notes to be issued by Swiss Re Treasury (US) Corporation and guaranteed by Swiss Reinsurance Company (Swiss Re) with a stable outlook.
“The bond will be issued under Swiss Re’s European Medium Term Programme (EMTN), and the proceeds will be utilised for Swiss Re Capital Markets & Advisory’s (CMA) funded business activities,” said Best.
Was this article valuable?
Here are more articles you may enjoy.
Commercial Lines Market Overall Remains Firm, Says Ivans 
Forecasters Warn of ‘Potentially Catastrophic’ Storm From Texas to the Carolinas 
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut 
Pacific Life Seeks to Dismiss Kyle Busch’s $8.5M Lawsuit Over Insurance Policies 
