S&P warns on Swiss Re ReAssure ratings as parent ponders IPO

Source: Swiss Re

S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated).

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S&P Ratings, Swiss Re, ReAssure, Reinsurance, IPO, UK, Europe

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