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Swiss Re Says Adding Anchor Shareholder Would Be `Attractive'

  • Reinsurer has attracted investment interest from SoftBank
  • Company raises dividend, plans buyback despite catastrophes
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Swiss Re AG’s chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son’s SoftBank Group Corp.

In a business where results can change radically from one year to the next, “it’s not a bad thing to have an anchor shareholder,” Christian Mumenthaler said at a conference in Zurich. he said. "If you ask me, just high level, is it attractive? I would say yes."