USEUROPEAFRICAASIA 中文双语Français
Home / Culture

Merger strengthens a Swiss beacon of reliability

China Daily | Updated: 2015-01-21 07:55

The Swiss insurance industry is one of the country's strongest sectors. Internationally, Swiss insurance groups represent such well-known national core values as precision, reliability, knowhow, capital strength and security.

In recent months, a new Swiss insurance group has emerged as a result of the acquisition of Nationale Suisse - one of the earliest specialty insurers for engineering, marine and fine art risk - by another Swiss insurance company, Helvetia, itself one of the world's oldest marine insurers and reinsurers established in 1858.

"Through the merger, the new Helvetia will become No 3 in the domestic market, gain attractive positions in selected European markets and become a leading international niche reinsurer for the combined treaty and facultative specialty reinsurance book," said Stefan Loacker, its CEO. "The two companies are a perfect fit, from a domestic as well as an international point of view, and the merger will help us to serve our clients worldwide even better."

Merger strengthens a Swiss beacon of reliability

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US