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Swiss Re holders subscribe for 41% of recent offering

Article Abstract:

Swiss Re's existing stockholders subscribed for 41% of the company's latest 1-for-10 rights offering. The subscribed figure amounted to 11.7 million shares.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
United Kingdom, Reinsurance, Reinsurance Carriers, Finance

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Swiss Re and Berkshire team up: pact on 3% stake gives Warren Buffett access to the insurer's core

Article Abstract:

Berkshire Hathaway Inc. will acquire a 3% stake in Swiss Reinsurance Co., along with taking over 20% of the company's property and casualty insurance business. Although financial details were not disclosed, a 3% stake is estimated at approximately 860 mil francs. Swiss Re shares increased 3.7% to 76.35 francs after the news.

Author: Gelnar, Martin, Mijuk, Goran
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
Financial management, Fire, marine, and casualty insurance, United States, Switzerland, Company investment, Investments, Property and casualty insurance industry, Company securities, Berkshire Hathaway Inc., BRK.A

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Subjects list: Insurance industry, Securities, Swiss Reinsurance Co.
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