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Swiss Re declines to comment on writedown rumours; shares hammered

Swiss Re shares are off nearly 14%, reportedly because of writedown worries.

At 10.29am GMT Swiss Re shares were down 4.56 CHF at 28.84 CHF.

Reports from Dow Jones Newswires said that investors in the beleagured Swiss reinsurance behemoth were worried about the compay's massive

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