Nippon Life picks 26% in Reliance AMC for Rs 1,450 cr
Japanese life insurance major, Nippon Life Insurance, on Thursday signed a memorandum of understanding (MoU) to acquire a 26 per cent stake in Reliance Capital Asset Management (RCAM) for Rs 1,450 crore. This is the largest foreign direct investment in the Indian mutual fund sector. RCAM is part of the financial services arm of Reliance Capital, an Anil Dhirubhai Ambani Group company.

Actuate Reports Fourth Quarter and Fiscal Year 2011 Financial Results
Actuate Corporation - The people behind BIRT® and the leader in open source Business Intelligence, today announced financial results for the fourth quarter and fiscal

StanCorp Financial Group, Inc. Reports Fourth Quarter and Full Year 2011 Earnings
StanCorp Financial Group, Inc. today reported net income for the fourth quarter of 2011 of $39.3 million, or $0.89 per diluted share, compared to net income for the fourth quarter of 2010 of $52.0 million, or $1.12 per diluted share.

Fitch Affirms Reinsurance Group of America's IDR at 'A-'; Outlook Stable
Fitch Ratings has affirmed the 'A-' Issuer Default Rating and 'BBB+' senior debt rating of Reinsurance Group of America, Inc. . At the same time, Fitch has affirmed the 'A+' Insurer Financial Strength rating of RGA Reinsurance Co.

Corning Innovation to Drive Future Growth
Several innovations from Corning Incorporated’s new business portfolio have the opportunity for growth and could become significant revenue generators for the company, Wendell P.