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Stock Market & Financial Investment News

News Breaks
August 7, 2014
14:06 EDTRGA, AETReinsurance Group names Tim Matson as Chief Investment Officer
Reinsurance Group of America (RGA) announces the appointment of Tim Matson to the position of Chief Investment Officer, effective August 18. In this role, he will direct the company's investment policy and strategy, and manage all aspects of RGA's $35B global asset portfolio. Matson comes to RGA with more than two decades of experience in the insurance industry. He has held management and executive positions with Aetna (AET) and ING, including more than 10 years managing portfolios and investment teams in Asia.
News For RGA;AET From The Last 14 Days
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October 21, 2014
09:03 EDTRGAReinsurance Group to acquire Aurora National Life Assurance Company
Reinsurance Group of America (RGA) announced the execution of agreements under which RGA will acquire all of the stock of Aurora National Life Assurance Company, a wholly owned life insurance subsidiary of Swiss Re (SSREY). Aurora, which is part of Swiss Re's Admin Re business in the U.S., has approximately 82,000 policies in force and statutory policyholder liabilities of $2.7B. The underlying business is comprised of approximately two-thirds annuities, primarily payout annuities, and one-third interest-sensitive life products. Aurora has not written significant new business in over 20 years. The transaction is expected to close in early 2015 subject to customary regulatory approvals.
October 15, 2014
13:52 EDTAETAetna will not renew contract for Delaware Medicaid program
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October 9, 2014
08:03 EDTAETWellPoint named top Managed Care pick at Jefferies
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