25 September 2013 I Deals and Cases

Swiss Re Sells Aurora Versicherungs AG to Compre Holdings Limited

Swiss Re has entered into an agreement with Compre Holdings Limited regarding the sale of Aurora Versicherungs AG, a Swiss insurance company in run-off with a portfolio of largely motor liability claims. The acquisition is subject to approval from the Swiss Financial Market Supervisory Authority.

Bär & Karrer acts as legal adviser to Swiss Re in this transaction. The Bär & Karrer team includes Thomas Reutter, Daniel Heiniger and Claudio Bazzi (all Corporate) and Peter Hsu and Daniel Flühmann (Insurance).