Reinsurance giant Swiss Re opens KL office

SINGAPORE: Swiss Re Corporate Solutions’ new office in Kuala Lumpur started operations on March 1.

It will function under a Labuan Financial Services Authority’s reinsurance licence and will focus on servicing large- and upper mid-sized Malaysian businesses through broking partners and intermediaries.

In a statement on Tuesday, its Asia-Pacific chief executive officer, Fred Kleiterp, said Malaysia was a key focus for the company and having a local presence would enable Swiss Re to more closely collaborate with the market.

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