Swiss Re writes down a further $255mn; S&P ratings affirmed
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Swiss Re writes down a further $255mn; S&P ratings affirmed

25 September 2008
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Swiss Re's shares were trading up 2.5 percent today (25 September) at SFr64.10 after the Zurich-headquartered reinsurer revealed lower-than-feared write-downs from its exposures to structured credit default swaps (CDS).

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