Despite positive potential, Swiss Re's acquisition of GE InsuranceSolutions has resulted in a negative outlook on the company from Moody's.
Moody's announced today that it confirmed the "Aa2" insurance financial strength and senior debt ratings of Swiss Re as well as its "A1" subordinated debt rating, with a negative outlook.
The decision to review Swiss Re for a possible downgrade was made last November, Moody's said, when the company announced it had reached an agreement with General Electric to acquire GE Insurance Solutions for $6.8 billion.
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