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Brexit: Swiss Re creates an entity in Luxembourg

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Magazine Issue: 
2019, the year of all challenges [3]
Magazine date: 
Feb 2019

swiss reSwiss Re opened a new subsidiary in Luxembourg. Named Swiss Re Capital Markets Europe, the new structure will ensure the continuity of the group's activities within the European area after Brexit [4], scheduled for 29th, March 2019.

Created by Swiss Re Corporate Solutions, a company dedicated to commercial risks, the new entity- to be led by Stuart Brown- will specialize in weather and energy risks.

In anticipation of Brexit, 11 insurance and reinsurance companies have transferred or set up their European base in Luxembourg.

Fri, 08/02/2019 - 12:20

Source URL: https://www.atlas-mag.net/en/article/brexit-swiss-re-creates-an-entity-in-luxembourg

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[3] https://www.atlas-mag.net/en/issue/2019-the-year-of-all-challenges
[4] https://www.atlas-mag.net/en/article/the-insurers-actions-while-preparing-for-the-brexit