Swiss Re said it has closed a deal to purchase GE Insurance Solutions, eight months after announcing its intentions to buy the carrier for $6.8 billion in cash and stock.
The Zurich, Switzerland-based reinsurer last Friday announced the closing of the deal to acquire the Kansas City, Mo.-based insurer from General Electric Corp., the financial services giant headquartered in Fairfield, Conn.
The deal likely makes Swiss Re the largest reinsurance carrier in the world, shifting reinsurer Munich Re to the number two spot.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
