Swiss Re GB Plc announces two new Independent Non-Executive Directors

30 June 2005, London

Swiss Re is pleased to announce the appointments of Mr William Dalton and Mr Richard Hudson as Independent Non-Executive Directors of Swiss Re GB Plc and other Swiss Re companies in the UK with effect from 1 July 2005.

Mr Dalton was an Executive Director of HSBC Holdings plc from 1998, Global Head of Personal Financial Services until May 2004 and Chief Executive of HSBC Bank plc until January 2004.
Mr Hudson was an Executive Director of Royal, Sun Alliance Insurance plc from 1999 and Group Risk Director until July 2004.
Commenting on the appointments, Allan Bridgewater, Chairman of Swiss Re GB said, "Bill Dalton and Rick Hudson will bring a wide range of relevant experience and we look forward to their contribution to the further development of Swiss Re's operations here in the UK."

Notes for editors

Biographies for William Dalton and Richard Hudson are available from the media relation contact below.

Swiss Re

Swiss Re is one of the world's leading reinsurers 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. 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.