Reinsurer seeks cash to strengthen capital base
Swiss Re Group said it will raise CHF3bn (£1.7bn) from Warren Buffett’s Berkshire Hathaway. and may raise another CHF2bn depending on market conditions to strengthen capital, Bloomberg reports.
2009-02-05T07:56:00+00:00
Reinsurer seeks cash to strengthen capital base
Swiss Re Group said it will raise CHF3bn (£1.7bn) from Warren Buffett’s Berkshire Hathaway. and may raise another CHF2bn depending on market conditions to strengthen capital, Bloomberg reports.
2009-02-04T10:50:00Z
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By Insurance Times
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