Ratings overview and Solvency
Swiss Re has an interactive rating relationship with Standard & Poor’s, Moody’s and A.M. Best.
Swiss Re has the following ratings:
| Rating Agency | Financial strength rating | Outlook | Last update | Debt ratings Long-term debt | Subordinated debt | Short-term debt |
|---|---|---|---|---|---|---|
| Standard & Poor's | AA- (Very strong) | stable | 23-May-2013 | AA- | A | A-1+ |
| Moody's | A1 (Good) | positive | 20-Dec-2012 | A1 | A3 | P-1 |
| A.M. Best | A+ (Superior) | stable | 23-Jan-2013 | aa- | a | AMB-1+ |
Sustainability ratings
Swiss Re is also being rated by various research companies for corporate social responsibility (CSR) and socially responsible investments (SRI).
Specific sustainability ratings look at economic, environmental and social criteria together. Find out more about the positive rating of Swiss Re's sustainability behaviour on our sustainability rating page.
Solvency: Swiss Solvency Test (SST)
| Swiss Re Group | Swiss Reinsurance Company Ltd. | |
|---|---|---|
| SST 1/2013 | 245% | 224% |
| SST 2/2012 | 207% | 202% |
| SST 1/2012 | 213% | 226% |
| SST 2/2011 | 210% | 227% |
| SST 1/2011 | 208% | 236% |
| SST 2/2010 | 211% | 237% |
| SST 1/2010 | 269% | 305% |
| SST 2/2009 | 219% | 257% |
| SST 1/2009 | 160% | 192% |
The SST ratio is a function of available and required capital based on an economic valuation of assets and liabilities with an integrated forward-looking assessment of underwriting, financial market and credit risk and, therefore, our SST ratio could fluctuate from reporting date to reporting date, and such fluctuations could be significant. SST ratios filed with our regulator are subject to the regulator’s review and approval of the internal model. See "Note on risk factors" and "Cautionary note on forward-looking statements" in our most recent annual or quarterly report for factors that could affect the SST ratio.