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4th August 2026 - Author: Kane Wells - Sompo Group has announced that its Bermuda-based subsidiary, Sompo Life Re Ltd., has officially secured a reinsurance license from the Bermuda Monetary Authority (BMA) and commenced operations, following the fulfilment of all necessary regulatory requirements. Headquartered…
Talcott Financial Group, an international life insurance group which has a reinsurer in Bermuda, has announced a $6.3 billion reinsurance transaction with American annuities provider and life insurer Lincoln Financial. Under the terms of the agreement, Talcott will reinsure an approximately…
Captive International - Riverstone signs second LPT agreement with Pacific Valley Insurance Company RiverStone International has announced that it has signed a second loss portfolio transfer reinsurance agreement with Pacific Valley Insurance Company, the captive insurance company of Lyft. The companies…
28th July 2026 - Author: Luke Gallin - RiverStone International, a global acquirer and reinsurer of legacy and discontinued insurance business, has signed its second loss portfolio transfer (LPT) reinsurance agreement with Pacific Valley Insurance Company. Pacific Valley is a wholly owned captive insurance…
Bermudian-based Pacific Life Re has announced its third asset-intensive block reinsurance deal with Japanese life insurer Anshin Life, a subsidiary of Tokio Marine Holdings. The deal follows transactions completed in 2024 and 2025, and covers in-force whole of life policies. Also known…
9th June 2026 - Author: Kassandra Jimenez-Sanchez - Life reinsurer Pacific Life Re has announced its third asset-intensive block reinsurance deal with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life), a domestic life insurance subsidiary of Tokio Marine Holdings. Focused on in-force whole…
Intelligent Insurer - Aon begins succession process for retiring Germany reinsurance chief Aon has launched a succession process for the leadership of its German reinsurance business ahead of the planned retirement of its long-serving country and reinsurance chief at the start…
Apr 15, 2026, 08:39 ET Wang Wei has been promoted from his current position of Chief Executive to Chairman, Rare Earth Insurance Partners, Asia Pacific. Wang joined Rare Earth Insurance Partners in July 2019, at the time bringing over 20 years of professional experience across…
Two-time NASCAR Cup champion Kyle Busch and his wife Samantha have settled a multi-million dollar federal lawsuit with Pacific Life Insurance Company in which the couple alleged they were misled into purchasing policies that were marketed as safe retirement plans.
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Insurers · Mutual life insurers
Newport Beach life and annuity insurer under a mutual holding company, sold through independent advisors and best known for indexed and variable universal life.