Insurance asset news, market data, events and directories — UK & Europe
A whole life block ceded by an unnamed pan-Asian provider extends a savings and retirement franchise built in Japan, and lands while the Hong Kong Insurance...
Morningstar DBRS puts growth at an annual rate of about 32 per cent since 2021 and calls Bermuda by far the largest market for the structures; its...
Chubb led the oversubscribed financing round alongside the platform’s existing sponsors.
The venture is expected to launch in the first half of 2027.
The changes are intended to be in place for year-end 2027.
The loss portfolio transfers cover North American middle market, workers' compensation and European liability books, and remain subject to regulatory approval.
The committee set a year-end 2027 target for implementation.
The vehicle takes a quota share of certain Talcott-sourced US annuities, sharing premiums and losses on that business.
The deal covers roughly $5.8bn of in-force guaranteed universal life statutory reserves plus about $500m of funding agreement business.
Longevity Stream brings a structure normally used in large transactions to schemes with less than £1bn of liabilities.