Copying and distributing are prohibited without permission of the publisher
Swiss Re earnings drop on Conning sale
17 June 2009
The sale of Conning and Company to private equity firm Aquiline Capital Partners will positively affect Swiss Re, by lowering the reinsurer’s capital requirements.
Read more:
[conning]
[swiss re]
[Aquiline Capital Partners]
The sale of Conning & Company to private equity firm Aquiline Capital Partners will positively affect Swiss Re, by lowering the reinsurer’s capital requirements, according to a research note by Execution. However, the note adds that it will negatively affect the reinsurer’s earnings.
Within Swiss Re’s asset management segment, the company reported SFr75m ($69m) of fees in 2008. Execution analysts say around SFr50m of is was likely to have come from Conning. In...
You must be logged in to view this page.
If you are already a registered user please log in here.
Alternatively, you can request a free trial or subscribe. For more information contact sdexter@euromoneyplc.com or call +44 (0) 20 7779 8223.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
