Swiss insurers News

New Swiss Capital Rules Set to Spur $20 Billion Bond Overhaul for Re/Insurers

Insurance companies in Switzerland are set to repay billions in mostly discounted old-style bonds over the next decade as changes to the country’s capital rules take effect next year. There are nearly $20 billion of subordinated notes that Swiss insurers …

UK Chancellor Sunak Seeks Deeper UK Insurance, Banking Ties with Switzerland

UK Chancellor of the Exchequer Rishi Sunak will hold talks with his Swiss counterpart on Wednesday as the two countries seek to deepen financial services ties in the wake of Brexit. The virtual discussions with Federal Councilor Ueli Maurer will …

Swiss Insurers May Be Next in U.S. Crackdown on Tax Evasion

Swiss insurers are scrambling to defend themselves against possible investigations into billions of dollars of untaxed assets held by their American clients. As Switzerland continues to seek a data-transfer deal with the United States to protect banks accused of helping …