Swiss Re and China Pacific Insurance set up huge potential investment - reports

Swiss Re | November 07, 2019

Swiss Re has confirmed that it is exploring a possible investment in China Pacific Insurance Co. (CPIC) While the reinsurance giant said in a statement that “no definitive agreement” has yet taken place, the investment could take the form of a primary offering of new securities by CPIC. According to a Bloomberg report, CPIC is also in “advanced” talks to invest at least $2 billion for a stake in Swiss Re – and Swiss Re would, in turn, spend between $500 million to $1 billion for a minority stake in the Chinese insurer. However, Swiss Re said that it “has no current intention of issuing new shares or making treasury shares available to any potential investor.”

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In this video, learn how a territory manager reviews agency performance in their region and looks at AI-powered performance predictions for leads and flags from a specific agency. Microsoft is helping insurance companies redefine how they do business by empowering them to engage more effectively with agencies, gain insights on agent performance, and leverage AI to improve interactions.

Spotlight

In this video, learn how a territory manager reviews agency performance in their region and looks at AI-powered performance predictions for leads and flags from a specific agency. Microsoft is helping insurance companies redefine how they do business by empowering them to engage more effectively with agencies, gain insights on agent performance, and leverage AI to improve interactions.

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