...+ We are assigning 'A' ratings to Swiss Re Ltd., a nonoperating holding company of Swiss Re group; this is two notches below the '##-' ratings on the group's core operating entities. + We are assigning '###+' ratings to subordinated loan notes to be issued by Swiss Re Ltd. + The stable outlook on Swiss Re Ltd. reflects that on the Swiss Re group. LONDON (Standard & Poor's) Oct. 30, 2015--Standard & Poor's Ratings Services today assigned its 'A' long-term local and foreign currency issuer credit ratings to Swiss Re Ltd. (SRL) a nonoperating holding company of the Swiss-based reinsurer Swiss Re group (Swiss Re; core operating entities rated ##-/Stable/A-1+). The outlook on SRL is stable. At the same time, we assigned our '###+' long-term issue rating to the proposed subordinated fixed-to-floating rate callable loan notes with a scheduled maturity in 2051 that SRL plans to issue through a prefunded note issuance facility. The rating on the loan notes is subject to confirmation, following our...
