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Swiss Re Focusing on Organic Growth, CEO Tells SonntagsZeitung

Feb. 26 (Bloomberg) -- Swiss Re Ltd. is currently not focusing on acquisitions, Chief Executive Officer Michel Lies told SonntagsZeitung in an interview.

The company is very much able at “growing organically,” Lies was quoted as saying by the Swiss newspaper. Swiss Re’s high liquidity enables the reinsurer to choose customers selectively and allows sustainable dividend payments, he said.

To contact the reporter on this story: Klaus Wille in Zurich at kwille@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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