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Paris Re gets S&P upgrade on Partner merger

03 December 2009

Standard & Poor's (S&P) has upgraded Swiss-domiciled reinsurer Paris Re to A+ from A- because of its strategic importance to Bermudian reinsurer PartnerRe.

Read more: paris re partnerre s&p standard& poor's

Standard & Poor's (S&P) has upgraded Swiss-domiciled reinsurer Paris Re to A+ from A- because of its strategic importance to Bermudian reinsurer PartnerRe.

The upgrade follows the acquisition of Paris Re by PartnerRe, which now has more than 90% of the voting rights in Paris Re. According to S&P, following the completion of the legal merger, which is expected before...


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