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Stock Market & Financial Investment News

News Breaks
August 13, 2014
06:13 EDTUNM, RGACiti recommends long Unum, short Reinsurance pair trade
Citigroup recommends initiating a pair trade of long Unum Group (UNM), short Reinsurance Group (RGA). Citi likes Unum for its leverage to higher rates and economic growth and thinks increased competition concerns will limit Reinsurance upside.
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September 17, 2014
12:16 EDTRGAReinsurance Group receives license from CIRC to operate branch in Shanghai
Reinsurance Group of America, Incorporated announced that its primary operating subsidiary, RGA Reinsurance Company, has received approval from the China Insurance Regulatory Commission, or CIRC, of its application to operate a Branch Office in Shanghai, China. The Shanghai branch office will significantly increase RGA's presence in China and will permit it to provide a full range of services to insurers operating in this important and growing market. RGA has maintained a presence in China since 2005, when it received approval to open a representative office in Beijing. RGA will continue to maintain its representative office in Beijing.

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