Swiss Reinsurance Company Canada

Swiss Re is one of the world's leading reinsurers with over 70 offices in more than 30 countries. Gross premiums in 2001 amounted to CHF 28.5 billion (US$16.9 billion). Swiss Re has a strong track record of earnings growth only interrupted in 2001 with a net loss of CHF 165 million (US$97.8 million), largely due to the September 11, 2001 event. At the end of 2001, Swiss Re's shareholders' equity amounted to CHF 22.6 billion (US$13.6 billion) and the total balance sheet stood at CHF 170 billion (US$102.4 billion). Swiss Re is rated "AAA" by Standard & Poor's, "Aaa" by Moody's and "A++" by A.M. Best.