Zurich, Switzerland - Swiss Re is aligning its management structure to its strategic objectives, the company reported today. Focusing on profitable growth and the efficient use of capital, Swiss Re will structure itself into three separate business units to be named Client Markets, Products and Financial Services.
The company will group almost all premium sales into its new Client Markets unit, while underwriting and claims activities will be grouped in a new Products business arm, the company said.
In the reinsurance business since its foundation in Zurich, Switzerland, in 1863, Swiss Re claims to be one of the world's leading reinsurers and the world's largest life and health reinsurer.
Source: PR Newswire
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