Outlook on all long-term ratings is stable
The ratings agency Standard & Poors (S&P) has affirmed its ‘AA-’ insurer financial strength rating for global reinsurer Swiss Re.
It has reported that the outlook on all the long-term ratings is stable.
The rating reflects S&P’s view that “the group continues to have an extremely strong competitive position and capital adequacy, partially offset by its high risk profile.”
Swiss Re recently announced the departure of the group’s long-time chief financial officer George Quinn.
Quinn oversaw risk reduction strategies following the financial crisis and plans to depart on 30 April 2014.
The agency added that Quinn’s departure did not affect Swiss Re’s overall ratings.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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