March 26 (Reuters) - Challenger Ltd (CGF) :
- CHALLENGER EXPANDS STRATEGIC RELATIONSHIP WITH MS&AD
- CO TO COMMENCE A QUOTA SHARE REINSURANCE OF USD DENOMINATED ANNUITIES ISSUED IN JAPAN MARKET BY MITSUI SUMITOMO PRIMARY LIFE INSURANCE CO
- MS PRIMARY TO PROVIDE ANNUAL AMOUNT OF REINSURANCE OF AT LEAST ¥50 BILLION (ABOUT A$640 MILLION) PER YEAR FOR MINIMUM OF 5 YEARS
- MS&AD INSURANCE GROUP INTENDS TO RISE CHALLENGER SHAREHOLDING TO OVER 15% OF ISSUED CAPITAL AND SEEK CHALLENGER BOARD REPRESENTATION
Source text http://bit.ly/2HTxUE4
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News: CGF Challenger Says Co Expands Strategic Relationship With MS&Ad
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