NU Online News Service
Swiss Re unveiled a new leadership structure, including a new chief risk officer and chief operating officer, designed to strengthen the company's core capabilities and market presence.
The global reinsurer said the new structure will focus on the key areas of reinsurance, corporate solutions and admin re.
Admin re, Swiss Re said, accepts closed blocks of in-force life and health insurance business either through acquisition or reinsurance, "typically assuming the responsibility to administer the underlying policies."
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