We are affirming our 'AA-' insurer financial strength ratings on global reinsurer Swiss Reinsurance Co. Ltd. (Swiss Re) and its core entities. We have revised upward our assessment of Swiss Re's financial risk profile and risk position. This is because we see increasing evidence that Swiss Re's capital and earnings exhibit less potential for material volatility than most reinsurance peers. The stable outlook on Swiss Re reflects our expectation that the group will maintain an extremely strong competitive position in its markets of operation and continue to generate strong earnings across the group. LONDON (Standard&Poor's) Nov. 28, 2014--Standard&Poor's Ratings Services today affirmed its 'AA-/A-1+' counterparty credit ratings and 'AA-' insurer financial strength rating on global reinsurer
