Swiss Re to buy 25% stake in Vietnam National Re
Swiss Re today has announced that it has entered into an agreement to acquire a 25% stake in Vietnam's leading reinsurance provider, Vietnam National Reinsurance Corporation, for VND1.3 trillion (approximately US$79 million) as a result of which Swiss Re becomes the company's sole foreign strategic partner.
Vina Re provides a range of reinsurance products and services to the life and non-life insurance companies operating in Vietnam.
The company is headquartered in Hanoi, and employs over 60 people
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