Swiss Re, SoftBank end investment talks

Swiss Re and SoftBank Group Corp. (SoftBank) have agreed to end discussions about a potential minority investment of SoftBank in Swiss Re.

Swiss Re will continue to implement its technology strategy with a combination of in-house developments and third-party collaborations, according to a recently issued press release.

“In this context, the company will also further explore business ideas between Swiss Re’s operative entities and the portfolio companies of SoftBank,” the release stated.