The SWISS RE re-insurance group is to acquire the life assurance and health insurance activities of the American CNA FINANCIAL for 690 million dollars. Under the terms of the agreement, SWISS RE will take over the management of around a million current policies, with annual premiums of 440 million dollars and assets of around 3 billion dollars. The eleventh largest insurer in damages and fourth-largest commercial insurer in the United States, CNA registered a loss of 1.76 billion dollars in...