Swiss Re announced that it has completed the sale of its London office building, located at 30 St. Mary Axe, to an affiliate of the real-estate corporation IVG Immobilien AG for £600 million ($1.18 billion) (See IJ web site Feb. 5).
Swiss Re will remain a principal tenant of the building, popularly known as “the gherkin” (pickle) in the heart of “The City,” London’s financial district.
Was this article valuable?
Here are more articles you may enjoy.
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot 
Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3 
Hackers Had Been Lurking in Cyber Firm F5 Systems Since 2023 
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud 
