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Swiss Re to create new fund for institutional and designated professional investors to access natural catastrophe business

30 November 2020 Swiss Re

• Swiss Re subsidiary Swiss Re Insurance-Linked Investment Management Ltd (SRILIM) has received authorisation from FINMA to act as an asset manager for investment funds
• SRILIM will manage a newly created standalone fund, offering investors an efficient way to participate in Swiss Re’s natural catastrophe business
• The move expands Swiss Re’s risk-sharing platform, strengthening its strategic partnership with third-party capital providers

Swiss Re, through its subsidiary Swiss Re Insurance-Linked Investment Management Ltd has received authorisation from the Swiss Financial Market Supervisory Authority (FINMA) for an asset management licence for funds. With this approval, the company will manage a standalone fund company, 1863 Fund Ltd, which will allow investors a new avenue to access Swiss Re's natural catastrophe business.

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