Swiss Re's business unit Admin Re has agreed to acquire Guardian Holdings Europe Limited, the holding company for operations trading under the name Guardian Financial Services ("Guardian") from private equity company Cinven for £1.6bn. Admin Re and Guardian are both buyers and consolidators of blocks of in-force life and pension insurance buThe acquisition of Guardian with its life insurance portfolio is normal business for the Admin Re segment, only the volume is worthy of mention. Swi
24 Sep 2015
Admin Re's $2.5bn acquisition
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Admin Re's $2.5bn acquisition
Swiss Re AG (0QL6:LON) | 0 0 (-0.7%) | Mkt Cap: 32,740m
- Published:
24 Sep 2015 -
Author:
Dieter Hein -
Pages:
2
Swiss Re's business unit Admin Re has agreed to acquire Guardian Holdings Europe Limited, the holding company for operations trading under the name Guardian Financial Services ("Guardian") from private equity company Cinven for £1.6bn. Admin Re and Guardian are both buyers and consolidators of blocks of in-force life and pension insurance buThe acquisition of Guardian with its life insurance portfolio is normal business for the Admin Re segment, only the volume is worthy of mention. Swi