Alta Signa Europe B.V., the European boutique managing general agent (MGA) and Lloyd’s coverholder, announced the opening of an office in Switzerland, marking a significant milestone in the company’s expansion strategy in the Germany, Austria and Switzerland (DACH) region. Based …
The UK and Switzerland signed an agreement to recognize each other’s laws and regulations in financial services, easing post-Brexit market access for firms including banks, insurers and asset managers. Chancellor of the Exchequer Jeremy Hunt and his Swiss counterpart Karin …
The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between their respective financial centers. Chancellor of the Exchequer Jeremy Hunt will visit Bern to sign it, according to people familiar …
Howden, the London-based global insurance group, announced the acquisition of Haakon AG, the specialist reinsurance broker, headquartered in Switzerland. Financial details of the transaction were not disclosed. Haakon, formerly part of the Baloise Group, has offices in Basel and Kuala …
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 …
Switzerland’s Gotthard tunnel will partially reopen for freight transport next week after a derailed train blocked one of its two tubes, though the critical route won’t return to full operability for several months. Passenger trains will continue to be diverted …
The derailment that blocked the Gotthard tunnel in Switzerland last week was caused by a broken wheel on the freight train, according to investigators. The Swiss Accident Investigation Service said its investigators had found pieces of the train’s wheel at …
A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern and Southern Europe for goods transport as well as passengers during the height of the summer travel season. The tunnel will remain …
Howden, the London-based insurance broker, announced it has expanded its offering in Switzerland with the acquisition of insurance brokers argenius Risk Experts AG (argenius) and RVA Versicherungsbroker AG (RVA). Born Consulting AG, which has been part of Howden Switzerland since …
Sompo International, a global provider of commercial and consumer property/casualty re/insurance, announced the expansion of its operations in Switzerland with the granting of a Swiss insurance branch license to write primary insurance by the Swiss Financial Market Supervisory Authority (FINMA), …
