Ratings on Swiss Re Units Affirmed After Acquisition of US-Based Lincoln National Corp. - S&P Global Ratings’ Credit Research

Ratings on Swiss Re Units Affirmed After Acquisition of US-Based Lincoln National Corp.

Ratings on Swiss Re Units Affirmed After Acquisition of US-Based Lincoln National Corp. - S&P Global Ratings’ Credit Research
Ratings on Swiss Re Units Affirmed After Acquisition of US-Based Lincoln National Corp.
Published Jul 30, 2001
534 words — Published Jul 30, 2001
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

LONDON (Standard&Poor's CreditWire) July 30, 2001--Following today's announcement that Swiss Re Group (Swiss Re) intends to acquire the life reinsurance business of U.S.-based Lincoln National Corp. (LNC; A-/Stable/A-2), Standard&Poor's today affirmed all its ratings on Swiss Re group entities and issues. Swiss Re's parent company and principal operating company is Zürich-based Swiss Reinsurance Co. (AAA/Stable/A-1+). The outlook on the ratings remains stable. Please see the separate press release for commentary on the LNC ratings. The affirmation of Swiss Re's ratings reflects principally the high quality of the portfolio being acquired and Swiss Re's firm intention to fund the acquisition cost with fresh shareholders' equity. In addition, Swiss Re will substantially increase its leading life reinsurance business

  
Brief Excerpt:

RESEARCH Ratings on Swiss Re Units Affirmed After Acquisition of US-Based Lincoln National Corp. Publication date: 30-Jul-2001 LONDON (Standard & Poor's CreditWire) July 30, 2001--Following today's announcement that Swiss Re Group (Swiss...

  
Report Type:

Ratings Action

Ticker
RUKN@VX
Issuer
Swiss Reinsurance Co. Ltd.
GICS
Reinsurance (40301050)
Sector
Global Issuers, Structured Finance
Country
Switzerland
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings on Swiss Re Units Affirmed After Acquisition of US-Based Lincoln National Corp." Jul 30, 2001. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-on-Swiss-Re-Units-Affirmed-After-Acquisition-of-US-Based-Lincoln-National-Corp-203317>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings on Swiss Re Units Affirmed After Acquisition of US-Based Lincoln National Corp. Jul 30, 2001. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-on-Swiss-Re-Units-Affirmed-After-Acquisition-of-US-Based-Lincoln-National-Corp-203317>
  
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