Herbert Smith Freehills Kramer advises Swiss Re Corporate Solutions on acquisition of QBE’s global trade credit and surety business

Leading global law firm Herbert Smith Freehills Kramer has advised Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, on its acquisition of QBE’s global trade credit and surety business.

Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Its innovative, highly customised products and standard insurance covers help to make businesses more resilient.

The acquisition, which is subject to regulatory approvals, will strengthen Swiss Re Corporate Solutions’ direct credit and surety insurance offering and supports its strategic ambition to diversify its portfolio and capture new growth opportunities.