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Fitch downgrades Swiss Re ratings

Fitch Ratings has downgraded its Issuer Default Rating and Insurer Financial Strength rating on Swiss Reinsurance Company to 'AA-' (AA minus) from 'AA+' and has removed the ratings from Rating Watch Negative.

Additionally Fitch has affirmed its 'A+' IDR on GE Insurance Solutions and its 'AA-' (AA minus) IFS rating on GEIS' Employers Reinsurance Corporation operating subsidiary and removed the ratings from

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