In a statement that mirrors the official document's aggressivestance Silverstein says, "Swiss Re should put its money where itsmouth is. No one disputes that the attacks on the World TradeCenter caused losses substantially in excess of $3.6 billion. IfSwiss Re is serious about living up to its promise to pay claims ona fast track, it should pay its 22% share of the $3.6 billionpolicy immediately so that we can fund the reconstruction of theWorld Trade Center, while we continue to litigate whether Swiss Reowes its share of an additional $3.6 billion."

Swiss Re earlier this week released a statement saying that ithad advanced its share of an initial $75 million payout on WorldTrade Center-related claims. According to Jacques Dubois, CEO andpresident of Swiss Re America Holding Corp., Silverstein asked for$136 million up front but "the insurers got together and agreed topay $75 million."

While Dubois and Silverstein remain at loggerheads on theoverriding issue of whether the trade center attacks constitute oneor two occurrences, Dubois tells GlobeSt.com that Swiss Re isdetermined to settle all claims swiftly and completely. "Swiss Reis morally obligated to pay 100% of what it owes," Dubois says. Wewant to speed up the process of rebuilding and get the mattersettled so we know whom to pay and how much to pay."

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