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Stock Market & Financial Investment News

News Breaks
January 21, 2013
19:31 EDTSSREYSwiss Re downgraded to Neutral from Buy at UBS
News For SSREY From The Last 14 Days
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October 21, 2014
09:03 EDTSSREYReinsurance 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 13, 2014
10:08 EDTSSREYOn The Fly: Analyst Initiation Summary
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05:25 EDTSSREYSwiss Re initiated with a Buy at Jefferies
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