Symetra and TIAA launch Bermuda annuity reinsurer Mariner Re, with TIAA to invest $750m
Symetra Investment Management will take the lead role in managing the reinsurer's investments alongside TIAA-owned Nuveen.
Symetra Life Insurance Company and Teachers Insurance and Annuity Association of America (TIAA) announced the launch of Mariner Re on 26 October 2026. The companies described the new vehicle as a Class E licensed reinsurer domiciled in Bermuda, which they said will be supported by a $750m equity investment from TIAA.
According to the joint release, Mariner Re will provide…
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