|
|
 |
|
Viewing report
|
|
|
|
Research Update: Ratings On Swiss Re And Core Subsidiaries Affirmed; Liquidity Management Considered Robust Sep 08
Standard & Poors, Sep 2008
Abstract
On Sept. 25, 2008, Standard & Poor's Ratings Services affirmed its 'AA-' insurer financial strength and long-term counterparty credit ratings on Zurich-based global reinsurer Swiss Reinsurance Co. and its core subsidiaries. The outlook remains stable. The affirmation comes in response to the heightened level of investor queries surrounding the resilience of Swiss Re's financial strength in light of the increased turbulence in global financial markets over the past fortnight. Standard & Poor's expects both Swiss Re's liquidity and capital positions to remain very strong. Swiss Re has a robust liquidity management process in place. The spot liquidity (liquidity sources, excluding committed external funding, readily available to the group treasury function within seven days) currently available to Swiss Re Zurich--the group's...
Action: Affirmed
Action: Outlook: Stable
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
|
|
|
|
