Swiss Re news and trends

Swiss Re Grabs 23% of Paytm Insuretech for $122.6M 

October 27, 2021
Paytm, Swiss Re, stake
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Swiss Re Grabs 23% of Paytm Insuretech for $122.6M 

October 27, 2021
Digital payments and financial services firm Paytm on Wednesday (Oct. 27) announced that Switzerland-based reinsurance platform Swiss Re will purchase a 23% stake of Paytm Insuretech, Paytm’s insurance unit, for about 920 crore rupee (a bit more than $122.6 million).  Swiss Re will make a bit more than one-third of its investment upfront through equity […]