Swiss Re Has ‘Very Small’ Exposure to First Brands, Tricolor

Swiss Re AG doesn’t expect “any impact” from those exposures, CFO Anders Malmstroem says on Bloomberg TV.

• Says firm has “no material exposure to these papers” when asked about First Brands and Tricolor
  • Firm has “a very small exposure on the investment side, but on the high end” and “we don’t expect any impact there”
  • NOTE Nov. 11: First Brands New CEO Says Managers Admit Firm Faked Invoices
• “Private markets are a good diversifier for the investment portfolio”
  • The asset class accounts for “less than 6%” of the portfolio and most is infrastructure
  • “We take a very conservative view on ...