S&P upgrades Swiss Re outlook to 'positive'
Standard & Poor's (S&P) has affirmed Swiss Re's A+ rating in a statement, adding that the company had "demonstrated very strong resilience and recovery in its credit profile and, in our view, further de-risking should result in strong and more stable earnings".
S&P added that it was revising the company's outlook to positive, "which means that we could raise the ratings if Swiss Re's financial profile further improves".
The ratings agency also commented
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