Swiss Re announces India and Mexico partnerships

Swiss Re Corporate Solutions (SRCS) has entered exclusive partnerships successful India and Mexico to service ample home firms and planetary clients operating successful some countries.

For India, the reinsurer's firm limb is mounting up a tie-up with Bajaj General Insurance, contingent connected definitive agreements and the indispensable regulatory clearances.

Under the arrangement, the 2 firms mean to connection underwriting capabilities successful sectors "critical for the continued maturation of the Indian economy, including high-tech and manufacturing sectors".

The concern volition besides screen planetary security programmes for Indian firms with operations overseas.

SRCS CEO Ivan Gonzalez said: "Multinational corporations progressively expect insurers to harvester heavy section marketplace expertise with planetary capabilities and seamless planetary execution.

"By moving with section insurers, we tin physique connected our underwriting expertise, superior spot and planetary scope to amended enactment our firm clients portion creating a scalable level for semipermanent growth."

SRCS is besides forming a tie-up with Mexican insurer GNP Seguros.

Once regulators springiness their approval, the reinsurer's nonstop commercialized security concern successful the state volition determination crossed to GNP Seguros, nether an statement it described arsenic a semipermanent strategical collaboration.

The institution said the determination would let it to support serving Mexican clients done GNP Seguros' organisation network.

According to SRCS, the 2 tie-ups are aimed astatine supporting a rising fig of ample corporates successful India and Mexico, including those expanding into overseas markets, arsenic good arsenic planetary clients with a beingness successful the 2 countries.

Swiss Re reported nett income of $1.51bn for the archetypal 4th of 2026, a 19% emergence year-on-year, aided by less earthy catastrophe losses, improved show crossed its concern divisions and dependable returns connected investments.

Return connected equity climbed to 23.6%, up from 22.4% successful the corresponding play past year, portion the security work effect grew 30% to $1.7bn.

Group security revenue, however, slipped 4% to $10.03bn, connected the backmost of weaker volumes successful spot and casualty reinsurance and the ongoing wind-down of the iptiQ unit.

"Swiss Re announces India and Mexico partnerships " was primitively created and published by Life Insurance International, a GlobalData owned brand.