About

The Swiss Re – Corporate Centre and Group Functions legal team is part of the legal and compliance division at global reinsurer Swiss Re, and consists of five global sub-teams with a presence in five geographical areas: Zurich, Hong Kong, London, Luxembourg and New York. In total, there are 35 team members comprising of 30 legal advisors and five support staff. The majority of the team is made up of senior lawyers, many of whom have been with Swiss Re for a significant period. Together, they cover a broad and diverse spectrum of legal areas in the group including M&A and investments, capital markets funding transactions and insurance linked securitisation, structured insurance transactions and matters relating to the operations of Swiss Re treasury management and disclosure, anti-trust and sanctions matters. In conjunction with the other legal and compliance teams at Swiss Re, the team has been dedicated to fortifying three key divisional themes; people, delivery model and value creation. As part of these divisional objectives, team members have helped identify the behaviours and competencies essential to the success of the division and through the delivery model they have contributed to enhancing the clarity and transparency of the services provided by Swiss Re legal and compliance. The team has contributed to divisional value creation theme of establishing a “technology centre of competence”, intended to capture the lessons from analyses conducted on current initiatives or pilots involving Swiss Re and other financial institutions. The team is also involved in many strategic initiatives for the group, including bringing the third party investor MS&AD into Swiss Re’s ReAssure Group, the creation of Swiss Re’s service company structure and innovative contingent capital issuances as part of Swiss Re’s funding plan. As a testament to the team’s ability to deal with large transactions, three transactions involving team members won international industry awards recently. The World Bank Pandemic Emergency Fund deal won 2018 Deal of the Year and the Odebrecht restructuring won 2018 Restructuring of the Year, while project Equine, won 2019 Debt and Equity Linked Deal of the Year in industry publications. ‘We are motivated to support our clients in achieving the best possible outcome for the company through a culture of team work, personal development and openness’, says general counsel for Corporate Centre and Group Functions, Nick Raymond.