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11.3% Direct Stake Is Divested by ING in Sulamerica to Swiss Re
Nov 20, 2013Amsterdam-based financial services conglomerate ING has agreed to dispose of its 11.3% direct stake in Sul América, to Swiss Re Group, as part of its plans to further shrink its stake in the Brazilian insurer. As per the terms ...
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Swiss Re Posted Net Profit of $786m for The Second Quarter of 2013
Aug 13, 2013Swiss Re Group has posted net profit of $786m for the second quarter of 2013, compared to $83m during the corresponding period earlier year, despite high level of natural calamities. Commenting on the financial performance in the quarter, ...