The FINANCIAL — According to Dow Jones, Swiss Reinsurance Co. (SWCEY)Chairman Peter Forstmoser said on April 12 the company "would be interested in" taking a stake in China Reinsurance (Group) Corp.
Forstmoser made the comments on the sidelines of the Boao Forum for Asia. He declined to say whether Swiss Reinsurance, the world's largest reinsurer by premiums, has held any talks with China Reinsurance for a stake investment.
China Reinsurance, the country's largest reinsurer, is hoping to complete a multibillion-yuan share listing by August, Chairman Liu Jingsheng said earlier.
China's Caijing magazine said in December China Reinsurance had hired UBS AG (UBS) as a financial adviser for it to introduce foreign strategic investors.
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