21 Subsequent events
Investment by MS&AD Insurance Group Holdings Inc into ReAssure
In December 2018, Swiss Re reached an agreement with MS&AD Insurance Group Holdings Inc (MS&AD) for a further investment of GBP 315 million into ReAssure. MS&AD increased its 15% minority stake in ReAssure to a total shareholding of 25% as a result of the transaction, which closed on 20 February 2019.
The Group financial statements and related notes presented in this report are not impacted.