What might have been: Swiss Re, SoftBank call off talks

World’s second-largest reinsurer ends talks with one of the world’s largest tech investors. SoftBank's array of new economy companies could have helped Swiss Re meet the challenge of change.

Swiss Re and SoftBank have ended discussions about a minority investment by the Japanese conglomerate, the reinsurance company said in a statement on Monday.

On February 7, Swiss Re had said it was in early-stage talks with Masayoshi Son’s Softbank. Neither company offered an explanation as to why the talks failed to result in a deal.

SoftBank’s Vision Fund, founded in 2016, has been a prolific investor around the world across recent years. Investors and equity analysts have called into question the strategy behind its ragbag collection of investments.  

Selling a significant minority stake to SoftBank would have...

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