subsidiaries News

Swiss Re Team Favored to Acquire Groupama’s Brokerage Unit – Sources

Swiss Re and its private equity partners Apax and PAI are in pole position to acquire Groupama’s GAN Eurocourtage [brokerage] unit for about €600 million ($793.2 million), people familiar with the situation said. The Swiss reinsurance group teamed up with …

Best’s Rating Actions Spurred by EU Failure to Produce Debt Crisis Solution

Although the recent summit of the 27 countries of the European Union did manage to come up with a plan to control budget deficits – in the future – it “took no clear short term actions to address the debt …