AM Best downgrades long-term IR of Swiss Re’s senior unsecured note, citing Swiss law change
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AM Best downgrades long-term IR of Swiss Re’s senior unsecured note, citing Swiss law change

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AM Best has downgraded the long-term issue credit ratings of the senior unsecured note guaranteed by Swiss Re, due to a change in Swiss law.

The ratings agency also downgraded the long-term IR of securities that may be potentially issued or guaranteed by the reinsurer under its $10bn debt issuance program.

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