Swiss Re Insurance-Linked Investment Management Ltd enters a strategic partnership with Swedish pension fund Alecta.

ENPNewswire-January 12, 2022--Swiss Re Insurance-Linked Investment Management Ltd enters a strategic partnership with Swedish pension fund Alecta

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Release date- 11012022 - Swiss Re Insurance-Linked Investment Management Ltd (SRILIM) successfully partnered with Sweden's largest private pension fund Alecta to secure an investment of USD 250 million in its 1863 fund platform.

SRILIM, the investment manager of the 1863 fund platform and fully owned subsidiary of Swiss Re Ltd, secured a substantial investment of USD 250 million from Swedish pension fund Alecta, which manages assets of approximately 2.6 million customers. Through the capital efficient fund format, Alecta can participate in Swiss Re's natural catastrophe business and benefit from significant diversification potential as well as Swiss Re's risk knowledge and underwriting expertise.

Martin Bisping, CEO of SRILIM, said: 'We are very excited to have Alecta as a strategic partner. This marks a significant milestone, particularly in terms of asset raising, in the still young history of our 1863 fund platform, which achieved strong investment...

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