Softbank reported to be eyeing up stake in Swiss Re

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Japanese tech-to-financial conglomerate Softbank is exploring the possibility of taking a $10bn stake in reinsurer Swiss Re, reports suggest.

According to the Financial Times, the Japanese conglomerate hopes to take a number of seats on the Swiss Re board in a deal that it hopes will give it influence over the reinsurer’s management of its

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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