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ZURICH — Swiss Reinsurance Co., the world’s second-biggest reinsurer, fell the most in 18 years after turning to Warren Buffett’s Berkshire Hathaway Inc. for $2.6 billion to shore up capital depleted by record losses.
Swiss Re slumped 28 percent to $18.50, the most since at least 1990, after posting a 2008 loss of about $852.6 million and announcing plans to cut the dividend. The company also will disband its financial-markets unit.
