Alecta invests $250mn in Swiss Re’s 1863 fund
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Alecta invests $250mn in Swiss Re’s 1863 fund

Stockholm, Sweden city skyline.

Swiss Re Insurance-Linked Investment Management Ltd (SRILIM) has raised a $250mn investment for its 1863 fund from Swedish pension fund Alecta.

Alecta, which manages occupational pension plans for 2.6 million people and 35,000 businesses across Sweden, will participate in Swiss Re’s natural catastrophe business via the fund, as well as benefit from increased diversification and Swiss Re’s risk knowledge and...

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