Tag Archives: Swiss Re

Softbank & Swiss Re – is Masa Son just losing it ?

As I have covered Softbank just recently (part 1, part 2 ) and as I consider Insurance companies to be somehow in my circle of competence, the news that Softbank wants to acquire 30% of Swiss Re for 10 bn USD of course sparked my interest.

The big question of course is: Why on earth would Masa Son do that ?

Looking at his vision statements, his vision is a connected world via the internet of things, lots of robots, smart AIs and a lot of computing power. So he is buying chip makers (ARM; Nvidia), data companies like Uber, mobile phone companies, robotic companies etc. So far so good, somehow this could fit together.

But a Reinsurance company ? WTF is that ?

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