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.
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
