Swiss Re halts new business with Russia and Belarus

1 min read
The logo of insurance company Swiss Re is seen in front of its headquarters in Zurich

FRANKFURT – Swiss Re said on Monday that it was not taking on new business with Russian and Belarusian clients, and that it was not renewing existing business with Russian clients.

In a statement sent via email, the reinsurer said that it was reviewing its current business relationships in Russia and Belarus.

(Reporting by Tom Sims and Paul Arnold; Editing by Miranda Murray)