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July 7, 2014
08:20 EDTRGA, SYA, CNO, SFG, AIZLimited Japanese growth could lead to U.S. insurance acquisitions, says UBS
UBS believes the limited growth in the Japanese insurance market could lead to acquisitions here in the U.S. The firm believes the U.S. life sector has room to consolidate but that it could be limited by regulatory uncertainty. However, UBS is more optimistic about Japanese acquirers and sees potential interest in StanCorp Financial (SFG) and Symetra Financial (SYA) and, to a lesser extent, in Assurant (AIZ), CNO Financial (CNO), and Reinsurance Group of America (RGA).
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