Ratings agency Standard & Poor's (S&P) has affirmed its credit ratings on the notes of Crystal Credit - Swiss Re's EUR252mn credit reinsurance securitisation - despite a further surge in recession-related credit losses on the bond.
Ratings agency Standard & Poor's (S&P) has affirmed its credit ratings on the notes of Crystal Credit - Swiss Re's EUR252mn credit reinsurance securitisation - despite a further surge in recession-related credit losses on the bond.