Swiss Re Capital Markets names Stefano Sola. senior vice president in its Insurance-Linked Securities (ILS) Group

09 May 2005, Zurich

Swiss Re Capital Markets has named Stefano Sola senior vice president, sales, ILS Group. Sola, who reports to Judith Klugman, managing director, is responsible for the sales and marketing of insurance-linked securities and asset-backed products.

"Stefano's vast knowledge and expertise of asset-backed securities will help us further strengthen our distribution reach in the ILS sector" said Klugman.
Most recently, from July 2003 to March 2005, Sola was a director in the Structured Credit Products Group at IXIS Capital Markets, New York. Previously, from September 1996 to June 2003, he served as an associate director at Bear Stearns International in London.
Sola graduated from The American College in London, UK, in December 1993 with a B.A., concentrating in management, finance.

Notes to editors

Swiss Re is one of the world's leading reinsurer and the world's largest life and health reinsurer. The company operates through more than 70 offices in over 30 countries. Swiss Re has been in the reinsurance business since its foundation in Zurich, Switzerland, in 1863. Through its three business groups Property, Casualty, Life, Health and Financial Services, Swiss Re offers a wide variety of products to manage capital and risk. Traditional reinsurance products, including a broad range of property and casualty as well as life and health covers and related services, are complemented by insurance-based corporate finance solutions and supplementary services for comprehensive risk management. Swiss Re is rated "AA" by Standard, Poor's, "Aa2" by Moody's and "A+" by A.M. Best.