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A.M. Best Assigns Rating to Forthcoming Debt to Be Issued by Swiss Re Finance (Luxembourg) S.A.


OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "a+" to the forthcoming CHF 500 million (USD 464 million) 3.25% senior unsecured fixed rate bonds due 2014 to be issued by Swiss Re Finance (Luxembourg) S.A. (Luxembourg) and guaranteed by Swiss Reinsurance Company Limited (Swiss Re) (Switzerland). The outlook for the rating is stable.

The notes will be issued under Swiss Re's European Medium-Term Note Programme (EMTN). The proceeds will be utilized for general corporate purposes.

For Best's Credit Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings.

The principal methodologies used in determining these ratings, including any additional methodologies and factors that may have been considered, can be found at www.ambest.com/ratings/methodology.

Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.

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Publication:Business Wire
Date:Aug 12, 2009
Words:170
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