Offer to Purchase by Swiss Re Solutions Holding Corporation of its 6.45% Notes due March 1, 2019 7% Notes due February 15, 2026

Offer to Purchase by Swiss Re Solutions Holding Corporation of its 6.45% Notes
due March 1, 2019 7% Notes due February 15, 2026 and 7.75% Notes due June 15,
                                     2030

PR Newswire

NEW YORK, June 24, 2013

NEW YORK, June 24, 2013 /PRNewswire/ --Swiss Re Solutions Holding Corporation
("Swiss Re Solutions"), an indirect subsidiary of Swiss Re Ltd, today has
launched its offer to purchase for cash (the "Offer") any and all of its 6.45%
Notes due March 1, 2019, its 7% Notes due February 15, 2026 and its 7.75%
Notes due June 15, 2030 (collectively, the "Notes" and each, a "Series"). At
the time the Notes were issued, the issuer of the Notes was a subsidiary of
General Electric Company named GE Global Insurance Holding Corporation
("GIHC"). GIHC was renamed Swiss Re Solutions Holding Corporation following
the acquisition by Swiss Reinsurance Company Ltd of the GE Insurance Solutions
operations (including the shares of GIHC) in 2006.

The following table summarizes certain information regarding the Offer:

                     Principal    Reference  Bloomberg Fixed   Hypothetical
CUSIP      Title of  Amount       U.S.       Reference Spread  Total
Numbers    Security  Outstanding  Treasury   Page      (basis  Consideration^1
                     (US$)        Security             points) (US$)
Offer for Notes Listed Below
           6.45%
36158FAB6  Notes due $400,000,000 1% due May FIT1      160     $1,180.79
           March 1,               31, 2018
           2019
           7% Notes               1.75% due
36158FAA8  due       $600,000,000 May 15,    FIT1      180     $1,266.81
           February               2023
           15,2026
           7.75%                  3.125%due
36158FAD2  Notes due $350,000,000 February   FIT1      125     $1,346.62
           June 15,               15, 2043
           2030
^1 For each $1,000 principal amount of Notes of the applicable Series validly
tendered and accepted for payment pursuant to the Offer. Does not include
Accrued Interest (as defined below).

The Offer will expire at 5:00 p.m., New York City Time, on July 3, 2013,
unless Swiss Re Solutions extends the Offer (such date and time, the
"Expiration Time").The consideration offered for each $1,000 principal amount
of Notes that are validly tendered and not validly withdrawn at or prior to
the Expiration Time in the Offer and accepted for purchase by Swiss Re
Solutions will be the Total Consideration, plus Accrued Interest (each, as
defined below). Payment for the Notes purchased in the Offer will be made
promptly after the Expiration Time, if the Offer is not extended or earlier
terminated by Swiss Re Solutions in its sole discretion (such date of payment,
the "Settlement Date").The Settlement Date is expected to be July 8, 2013.

The "Total Consideration" for each $1,000 principal amount of Notes of each
Series validly tendered and accepted for payment pursuant to the Offer will be
determined in the manner described in the Offer to Purchase by reference to a
fixed spread (the "Fixed Spread") specified for such Series over the yield
(the "Reference Yield") based on the bid-side price of the U.S. Treasury
Security specified in the table above (the "Reference Treasury Security") for
such Series, as calculated by J.P. Morgan Securities LLC (the "Dealer
Manager") at the Price Determination Time (subject to certain exceptions set
forth herein) unless the Offer is extended or earlier terminated by Swiss Re
Solutions in its sole discretion.The "Price Determination Time" for the Notes
will be 11:00 a.m., NewYork City time, on July 3, 2013.

Registered holders of Notes ("Holders") will also receive with respect to any
Notes validly tendered and accepted for purchase in the Offer accrued and
unpaid interest on such Notes from, and including, the last interest payment
date applicable to such Notes to, but not including, the Settlement Date
("Accrued Interest").

The Offer is conditioned on the satisfaction of certain conditions set forth
in the Offer to Purchase.

Tenders of Notes may be validly withdrawn at any time up to 5:00 p.m.,
NewYork City time, on July 3, 2013, unless extended or terminated earlier by
Swiss Re Solutions in its sole discretion.

Swiss Re Solutions reserves the right to extend the Offer, if necessary, so
that the Expiration Time occurs upon or shortly after the satisfaction or
waiver of the conditions to the Offer.

The Offer to Purchase sets out the full terms of the Offer.Copies of the
Offer to Purchase are available from the Tender and Information Agent at the
telephone number or e-mail address set out below.Holders may also contact the
Dealer Manager at the telephone number or address set out below for
information concerning the Offer.Holders may also contact their broker,
dealer, commercial bank or trust company or other nominee for assistance
concerning the Offer.

 THE DEALER MANAGER FOR THE OFFER IS:
 J.P. Morgan Securities LLC
 J.P. Morgan Securities LLC

 383 Madison Avenue, 3^rd Floor

 New York, New York 10179

 Toll Free: (866) 834-4666
 Collect: (212) 834-4394
 Attention: Liability Management Group

THE TENDER AND INFORMATION AGENT FOR THE OFFER IS:
D.F. King & Co., Inc.
By Regular, Registered or Certified Mail; By Facsimile Transmission

Hand or Overnight Delivery:               (for Eligible Institutions Only):
D.F. King & Co., Inc.
48 Wall Street, 22^nd Floor
New York, New York 10005                  (212) 709-3328
Banks and brokers call: (212) 269-5550    Attn: Elton Bagley
All others call toll free: (800) 697-6975
Email: swissre@dfking.com
For Confirmation by Telephone:
(212) 493-6996
Offer Restrictions

General

This announcement is not an offer to purchase any Notes or a solicitation of
an offer to sell any Notes. The Offer is being made solely by means of the
Offer to Purchase.None of Swiss Re, the Dealer Manager or the Tender and
Information Agent makes any recommendation as to whether Holders should tender
any or all of their Notes for payment pursuant to the Offer.

The distribution of this announcement and the Offer to Purchase is restricted
by law in certain jurisdictions.Persons into whose possession this
announcement or the Offer to Purchase comes are required by Swiss Re, the
Dealer Manager and the Tender and Information Agent to inform themselves of
and to observe any such restrictions.

Neither this announcement nor the Offer to Purchase constitutes, nor may they
be used in connection with, an offer to buy Notes or a solicitation to sell
Notes by anyone in any jurisdiction in which such an offer or solicitation is
not authorized or in which the person making such an offer or solicitation is
not qualified to do so or to any person to whom it is unlawful to make an
offer or a solicitation.None of Swiss Re, the Dealer Manager or the Tender
and Information Agent accepts any responsibility for any violation by any
person of the restrictions applicable in any jurisdiction.

Switzerland

Neither this announcement, the Offer to Purchase nor any other offering or
marketing material relating to the Notes constitutes a prospectus as such term
is understood pursuant to article 652a or article 1156 of the Swiss Federal
Code of Obligations or a listing prospectus within the meaning of the listing
rules of the SIX Swiss Exchange. Accordingly, the investor protection rules
otherwise applicable to investors in Switzerland do not apply to the Offer.
When in doubt, investors based in Switzerland are advised to contact their
legal, financial or tax adviser with respect to the Offer.

United Kingdom

The communication of this announcement and the Offer to Purchase by Swiss Re
and any other documents or materials relating to the Offer to Purchase is not
being made, and such documents and/or materials have not been approved, by an
authorized person for the purposes of section 21 of the Financial Services and
Markets Act 2000.Accordingly, such documents and/or materials are not being
distributed to, and must not be passed on to, the general public in the United
Kingdom.The communication of such documents and/or materials as a financial
promotion is only being made to (i) those persons in the United Kingdom
falling within the definition of investment professionals (as defined in
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the "Order")), (ii) persons falling within
Article 43(2) of the Order, or (iii) any other persons to whom they may
otherwise lawfully be communicated (all such persons together being referred
to as "Relevant Persons"). Any person in the United Kingdom who is not a
Relevant Person should not act or rely on this announcement or the Offer to
Purchase or materials or any of their content.

Italy

None of the Offer to Purchase or any other documents or materials relating to
the Offer have been or will be submitted to the clearance procedure of the
Commissione Nazionale per le Societa e la Borsa ("CONSOB") pursuant to Italian
laws and regulations. The Offer is being carried out in the Republic of Italy
("Italy") as an exempted offer pursuant to article 101-bis, paragraph 3-bis of
the Legislative Decree No. 58 of 24 February 1998, as amended (the "Financial
Services Act") and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971
of 14 May 1999, as amended.Holders or beneficial owners of Notes that are
resident or located in Italy can tender Notes through authorized persons (such
as investment firms, banks or financial intermediaries permitted to conduct
such activities in Italy in according with the Financial Services Act, CONSOB
Regulation No. 16190 of 29 October 2007, as amended, and Legislative Decree
No. 385 of September 1, 1993, as amended) and in compliance with applicable
laws and regulations and with requirements imposed by CONSOB or any other
Italian authority. Each intermediary must comply with the applicable laws and
regulations concerning information duties vis-a-vis its clients in connection
with the Notes or the Offer.

Belgium

Neither this announcement nor the Offer to Purchase nor any other documents or
materials relating to the Offer have been submitted to or will be submitted
for approval or recognition to the Financial Services and Markets Authority
(Autorite des services et marches financiers / Autoriteit financiele diensten
en markten) and, accordingly, the Offer may not be made in Belgium by way of a
public offering, as defined in Articles 3 and 6 of the Belgian Law of 1 April
2007 on public takeover bids as amended or replaced from time to time. The
Offer may not be advertised and the Offer will not be extended, and neither
this announcement nor the Offer to Purchase nor any other documents or
materials relating to the Offer (including the Letter of Transmittal and any
memorandum, information circular, brochure or similar documents) have been or
shall be distributed or made available, directly or indirectly, to any person
in Belgium other than "qualified investors" in the sense of Article 10 of the
Belgian Law of 16 June 2006 on the public offer of placement instruments and
the admission to trading of placement instruments on regulated markets, acting
on their own account. This announcement and the Offer to Purchase have been
issued only for the personal use of the above qualified investors and
exclusively for the purpose of the Offer. Accordingly, the information
contained in this announcement and the Offer to Purchase may not be used for
any other purpose or disclosed to any other person in Belgium.

France

The Offer is not being made, directly or indirectly, to the public in France.
Neither this announcement nor the Offer to Purchase nor any other documents or
offering materials relating to the Offer, have been distributed or caused to
be distributed and will not be distributed or caused to be distributed to the
public in France and only (i) providers of investment services relating to
portfolio management for the account of third parties (personnes fournissant
le service d'investissement de gestion de portefeuille pour compte de tiers)
and/or (ii) qualified investors (investisseurs qualifies), other than
individuals, acting for their own account, all as defined in, and in
accordance with, Articles L.411-1, L.411-2 and D.411-1 of the French Code
monetaire et financier, are eligible to participate in the Offer. This
announcement, the Offer to Purchase and any other documents or offering
materials relating to the Offer have not been and will not be submitted to the
clearance procedures (visa) of nor approved by the Autorite des marches
financiers.

SOURCE Swiss Re Solutions Holding Corporation

Contact: Tom Long, D.F King & Co., Inc., (212)493-6920
 
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