SEATTLE–In the wake of Swiss Re's June purchase of GE Insurance Solutions, the chief executive of the expanded U.S. operation said he is pleased at what he has found and the way the two entities have come together.
Pierre Ozendo, chief executive officer of Swiss Re Americas division, said that from due diligence before the purchase, his company knew there were some segments where both companies had a presence, but the overlap in market coverage "was even less than we expected."
Mr. Ozendo was on hand here to do business with members of the Property Casualty Insurers Association of America who were convened for their annual meeting this week.
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