News Reinsurance11 Jul 2019

Reinsurer suspends IPO of its subsidiary due to market conditions

Swiss Re group CFO John Dacey

Swiss Re has announced the suspension of its previously communicated plans for an initial public offering (IPO) of its subsidiary, ReAssure. According to the reinsurer, this action is in response to the heightened caution and weaker underlying demand in the UK primary market from large institutional investors.

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