Fitch affirms Swiss Re

Fitch Ratings said it affirmed Swiss Reinsurance Co. Ltd.'s long-term issuer default rating at A+.

The agency also affirmed the ultimate holding company Swiss Re Ltd.'s issuer default rating at A.

The outlooks are stable.

“The affirmation reflects the continuing strong franchise of Swiss Re, its very strong business profile within the global reinsurance industry, its consistently strong financial performance and very strong capitalization,” Fitch said in a news release.

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