UBS rescue deal for Credit Suisse brings it an ILS capability
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UBS rescue deal for Credit Suisse brings it an ILS capability

Fiona Robertson
20 March 2023
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Credit Suisse, which operates a major ILS platform as part of its asset management business, will be taken over by UBS after Swiss authorities engineered a deal between the two over the weekend.

This followed a meltdown in Credit Suisse’s share price last week despite its having agreed a CHF50bn ($54bn) loan with the Swiss central bank.

The

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News Credit Suisse Insurance-Linked Strategies ILS AuM data
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