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Swiss Re Corporate Solutions Ltd completes the acquisition of a 51% stake in Compañía Aseguradora de Fianzas S.A. Confianza ("Confianza"), Colombia's leading specialty insurer. The transaction was announced on 24 February 2014.

The acquisition enables Swiss Re Corporate Solutions to expand its business in Latin America through local representation. After Swiss Re Corporate Solutions Brasil, Confianza is now the company's second locally licensed insurance carrier in Latin America. It will complement Swiss Re Corporate Solutions' teams in Mexico City, Miami, Rio de Janeiro and São Paulo.

Ivan Maya de Vasconcellos Neto
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