Swiss Re prepares to float ReAssure in London

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By Aidan Gregory
07 Jun 2019

Swiss Re, the Swiss reinsurance business, has come to market with the IPO of its UK life insurance business ReAssure, potentially one of the largest London IPOs of the year if it successfully completed.

The Zurich-based company said on Friday that it would sell at least 25% of ReAssure on the London Stock Exchange. No new capital will be raised as part of the IPO. Swiss Re is understood to have explored M&A opportunities for the unit before decided to list the ...

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