ADVISORY/Swiss Re Chief Economist Kurt Karl Holds 2:30PM EST Conference Call Today To Discuss Impact of Fed Decision On U.S. and Global Economy.

Business Editors

ADVISORY...for Wednesday (Nov. 6)

--(BUSINESS WIRE)

Swiss Re 

Who:              Kurt Karl, Chief Economist, Swiss Re, North America

What:             Swiss Re's Chief Economist will hold a conference
                  call for members of the media to discuss the
                  immediate and long-term impact of the Federal
                  Reserve's decision regarding interest rates and the
                  decision's likely effect on the U.S. and global
                  economy.

When:             2:30PM EST - 3:00PM EST

Conference
Call Dial-In:     U.S. toll-free 877-468-2139 / International dial-in:
                  918-585-3445
                  Access Code for U.S. and international participants
                  is 605005

Notes To Editors

    Swiss Re is one of the world's leading reinsurers with over 70
offices in more than 30 countries. For 2001, Swiss Re reported a net
loss of CHF 165 million, largely due to the 11 September event. Gross
premiums in 2001 were CHF 28.5 billion. At the end of June 2002, Swiss
Re's shareholders' equity amounted to CHF 18.3 billion and the total
balance sheet stood at CHF 168 billion. Swiss Re is rated "AA+" by
Standard & Poor's, "Aaa" by Moody's and "A++" by A.M. Best.