Moody's upgrades Swiss Re Corporate Solutions

Ratings house Moody's has upgraded the financial strength
rating of Swiss Re's primary insurer citing diversification
benefits and brand recognition as reasons for the one-notch
increase.
The upgrade to Aa3 brings the rating of Swiss Re Corporate
Solutions up to the level of its parent company.
Moody's said the upgrade reflected the importance of the
reinsurer's primary subsidiary to the group.
It noted the "steady improvement" in Swiss Re
Corporate Solutions' market position and its contributio