Swiss Re establishes Washington DC office

27 January 2004, Washington, DC

Establishing a closer physical presence to Washington, D.C.-based policymakers and associations, Swiss Re has opened an office in the District headed by Government and Industry Relations Senior Vice President Cosette R. Simon.

'Cosy Simon's wealth of experience combined with this new presence in Washington will enhance Swiss Re's ability to effectively work with government and industry agencies,' said Jacques E. Dubois, Chairman and Chief Executive Officer of Swiss Re America Holding Corp. 'We look forward to furthering our dialogue with government leaders on important public policy issues such as climate change, tort reform and terrorism risk.'

Simon, who also serves as a member of the Swiss Re America Holding Corp. Board of Directors, occupies a leadership position among industry advocates, having chaired various groups for the American Council of Life Insurers, Reinsurance Association of America and the Health Insurance Association of America. 'Our clients and the businesses and individuals they serve are affected today by more diverse and complex regulatory and legislative issues than ever before,' Simon said. 'Our new office is a key link in providing access for decision-makers to the vast range of knowledge and expertise on managing capital and risk available at Swiss Re.'

Simon previously served as director of government relations for Lincoln Re, the Ft. Wayne, Indiana, reinsurance division of Lincoln National Corporation. Swiss Re acquired Lincoln Re in 2001. Simon is a former City Controller and Director of Finance and Administration for the City of Fort Wayne and served as a member of the city's Board of Public Health and Safety. She also served as a budget official for former Indiana Governor Evan Bayh, where she developed a reorganization plan for the state and a redesign of the state's educational system. Simon received the Sagamore of the Wabash Award-the highest award given by the governor of Indiana.

Swiss Re's Washington office:

Cosette R. Simon
Swiss Re
101 Constitution Avenue, NW
Suite 800
Washington, DC, 20001-2133
+1 202 742 4633

Notes to editors

Swiss Re is a leading reinsurer and the world's largest life and health reinsurer. The company is global, operating from 70 offices in 30 countries. Since its foundation in 1863, Swiss Re has been in the reinsurance business. Swiss Re has three business groups: Property, Casualty, Life, Health and Financial Services. Swiss Re offers a wide range of traditional reinsurance products and related services, which are complemented by insurance-based corporate finance solutions and supplementary services. Swiss Re is rated 'AA' by Standard, Poor's, 'Aa1' by Moody's and 'A+' by A.M. Best.